Latest Mexico Headlines
All the headlines from our Mexico Topic Page, ordered by recency.
AEGON Sells Banamex Stakes to Citigroup
Jan 21 2002 // The Netherlands AEGON N.V. has agreed to sell its minority partnership interests in two Mexican companies to Citigroup’s Mexican subsidiary Grupo Financiero Banamex for $1.24 billion. The sale of its stakes in life...
Insurers Urge DOT to Add the ‘Nuts and Bolts’ to Operational Plan
Jan 16 2002 // The National Association of Independent Insurers (NAII) has reiterated its support for the U.S. General Accounting Office’s (GAO) call for the Department of Transportation (DOT) to develop a detailed, operational...
NAFTA LEGISLATION GETS APPROVAL
Jan 14 2002 // The National Association of Independent Insurers (NAII) expressed its approval that HR 2299 (the Department of Transportation [DOT] and Related Agencies Appropriations Act, 2002 recently signed by President Bush) provides...
ALLIANCE QUESTIONS N.M. PRIVACY RULES
Jan 14 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. According to Rey Becker, president of property/casualty for the Alliance, “Earlier this year, the...
Alliance Says New Mexico Privacy Rules Violate State Law
Jan 3 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. “Earlier this year, the New Mexico Legislature directed the superintendent of insurance to adopt...
Bush Signs 2002 Transportation Bill: NAFTA Safety Mandates Meet Insurers Expectations
Dec 21 2001 // The National Association of Independent Insurers (NAII) is pleased that HR 2299, the Department of Transportation and Related Agencies Appropriations Act, 2002 recently signed by President Bush provides funding to...
NAFTA: Proceed, but with Caution
Dec 17 2001 // The problems swirling around the twin issues of safety and insurance with regards to allowing commercial trucks from Mexico free access to U.S. highways are as thorny as a prickly pear cactus. The U.S. House of...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
COMPROMISE ON MEXICAN TRUCKS
Dec 10 2001 // The Alliance of American Insurers voiced support Nov. 29 for the congressional compromise allowing Mexican trucks greater access to the U.S. with inspection and safety requirements. The provisions will require on-site...
Safety Concerns Resolved: NAFTA Proposal Gets Green Light
Dec 3 2001 // The National Association of Independent Insurers (NAII) is pleased that the compromise legislation that would allow Mexican trucks into the United States under the North American Free Trade Agreement (NAFTA) addresses the...
Alliance Voices Support for Congressional Trucking Compromise
Dec 3 2001 // The Alliance of American Insurers voiced support Nov. 29 for the congressional compromise allowing Mexican trucks greater access to the U.S. with inspection and safety requirements. The fiscal 2002 Transportation spending...
A.M. Best Releases Country Risk Reports on Korea, Mexico
Nov 16 2001 // A.M. Best has released country risk reports covering the economic and risk factors for the markets in Korea and Mexico, focusing on the insurance sectors in both countries. The report notes that Korea has been especially...
ING Now Owns 99.91% of Mexico’s SCA
Nov 13 2001 // ING Group announced the successful conclusion of its tender offer for the minority 13 percent shareholdings of Mexico’s Seguros Comercial America S.A. de C.V., as it became a wholly owned subsidiary of The Dutch...
Commentary: Purchasing Insurance for Mexico
Nov 12 2001 // Tourists, property owners and businesspersons who drive, own homes, or operate businesses or subsidiaries in Mexico need to properly protect their assets south of the border. It is ironic that most agents place insurance...
Commentary: Purchasing Insurance for Mexico
Nov 5 2001 // Tourists, property owners and businesspersons who drive, own homes, or operate businesses or subsidiaries in Mexico need to properly protect their assets south of the border. It is ironic that most agents place insurance...
ING Re-Brands Mexican Operations
Oct 22 2001 // Holland’s ING Group announced that it has renamed all of its subsidiaries in Mexico as “ING Comercial America.” The decision is in line with the company’s global strategy of re-branding all its...
Swiss Re, Tokio Marine Conclude $450 Million Cat Swap
Aug 16 2001 // Mexico City daily el Economista reported that the robbery of insured cars declined by 7.5 percent at the national level during the first seven months of 2001, compared to the same period in 2000. Car thefts declined to...
Insurers To Be Reimbursed for Cerro Grande Fire Claims
Aug 9 2001 // The federal government is working to reimburse insurance companies for all claims they paid to their customers for damage caused by the Cerro Grande fires in New Mexico last year. Payments are expected to begin in January...
NATIONAL Senate Votes for Additional Funding, Requirements for Mexican Trucks Inspections August 3,
Aug 3 2001 // The National Association of Independent Insurers (NAII) said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North American Free Trade Agreement (NAFTA) by $15 million...
NAII Warns NAFTA Funding Cuts Pose Road Hazard
Jul 9 2001 // Congressional efforts to block funding for additional border inspectors and facility improvements in anticipation of the opening of the U.S.-Mexican border under the North American Free Trade Agreement (NAFTA) are a threat...
