All the headlines from our Mexico Topic Page, ordered by recency.
Nov 12 2019 // A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to employees and internal emails, in hackers’ latest bid to wring ransom from a major...
Nov 5 2019 // Note: This story has been updated with a response from an Applied spokesman describing the actions by the California Department of Insurance as “an unusual Draconian attempt.”A San Mateo County Superior Court...
Oct 25 2019 // Sompo International Holdings Ltd. announced that the company has expanded its capabilities in Mexico with the addition of a new Sompo International Global Risk Solutions (GRS) team that will focus on serving clients in...
Oct 24 2019 // The growing drama behind the $920 million sale of Berkshire Hathaway-owned Applied Underwriters to its founder Steven Menzies got another voice added to the story.The New Mexico Office of Superintendent of Insurance on...
Oct 23 2019 // Applied Underwriters executives have responded to efforts by the California Department of Insurance to halt the sale of one of its subsidiaries and threaten to upend a reported $920 million deal that’s been in the...
Oct 21 2019 // The California Department of Insurance has denied an application for approval of the sale of California Insurance Co., a subsidiary of Applied Underwriters that was sold in a massive deal that has been under scrutiny over...
Oct 18 2019 // Two men from San Juan County, N.M., are accused of committing arson and insurance fraud while allegedly setting up another man to take the fall.County sheriff’s officials say 54-year-old Patrick Roller and...
Sep 19 2019 // Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets.“Latin America is a key market for Lloyd’s, with premium close to US$1.5...
Sep 12 2019 // SOBC DARAG has acquired New Mexico P&C Insurance Co. SOBC DARAG has received approvals from New Mexico OSI and Florida OIR for the transaction. Terms of the deal weren’t disclosed. SOBC DARAG Holdings is...
Aug 28 2019 // The state of New Mexico acknowledged Monday that it paid out $900,000 to three State Police officials who complained of workplace discrimination and retaliation by the state’s former police chief.The payout is the...
Aug 23 2019 // As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline...
Aug 12 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller...
Aug 5 2019 // At Mexico’s state-run oil company, skinnier waists mean bigger bonuses.Under Petroleos Mexicanos’s new collective bargaining contract with its union, workers who meet certain body weight standards will receive...
Jul 23 2019 // A compensation program for those exposed to radiation from years of nuclear weapons testing and uranium mining would be expanded under legislation that seeks to address fallout across the western United States, Guam and...
Jul 12 2019 // Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane just before...
Jul 11 2019 // Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans.The system, which was about 95 miles (153...
Jul 10 2019 // U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in the U.S. Gulf of Mexico, as a storm threatened oil-producing areas.Anadarko Petroleum Corp., the...
Jul 2 2019 // Two people were killed at Royal Dutch Shell’s Auger Tension Leg Platform in the deepwater U.S. Gulf of Mexico on Sunday morning while testing mandatory safety equipment, the company said.“One other...
Jun 21 2019 // Walmart Inc. agreed to pay $282 million in penalties and a Brazilian unit admitted to violating a U.S. anti-bribery law, providing a relatively subdued ending to a seven-year investigation that spanned the globe and at one...
Jun 3 2019 // A New Mexico mayor has proposed billing drivers involved in car accidents resulting in hazardous material cleanup or victim extractions.Mayor Tim Keller’s budget proposal for fiscal year 2020 includes a new...