Latest Mexico Headlines

All the headlines from our Mexico Topic Page, ordered by recency.

State Forestry: New Mexico Could See Worst Fire Season in Decade

Feb 12 2018 // New Mexico State Forestry officials say they already are anticipating an aggressive fire season, as 70 percent of the state is facing severe drought. KRQE-TV reports Forestry Division Official Greg Hesch says conditions...

Aon Securities Structures Largest-Ever Earthquake Catastrophe Bond for World Bank

Feb 7 2018 // Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in structuring the largest-ever catastrophe bond covering earthquake, which provides...

$5M Settlement Reached in New Mexico Jail Death

Feb 2 2018 // A $5 million settlement has been reached in the death of a man who surveillance video and records show was repeatedly denied medical care after becoming violently ill inside a county jail, according to court records...

Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon

Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...

New Mexico School District Settles Suit for $800K with Former Employee

Jan 22 2018 // Albuquerque Public Schools in New Mexico will pay $800,000 to its former chief financial officer to settle a whistleblower lawsuit that claimed the former superintendent placed him on paid leave for questioning district...

Trump Declares Disaster for New Mexico Native American Community

Dec 22 2017 // President Donald Trump has issued a disaster declaration for a New Mexico Native American community that is recovering from the effects of severe weather and flooding.The declaration announced Thursday by the White House...

Shell Sued by Workers over Gulf of Mexico Platform Fire

Dec 19 2017 // Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production...

Destruction of Expensive Toys Leads to Guilty Plea in Insurance Fraud Scheme

Dec 18 2017 // A Texas pilot in early December pleaded guilty to federal wire fraud and arson charges, associated with, among other things, intentionally crashing a plane in the Gulf of Mexico and destroying other expensive planes,...

Texas Pilot Pleads Guilty to Insurance Fraud in Gulf of Mexico Crash

Dec 11 2017 // A Texas pilot who survived a 2012 Gulf of Mexico plane crash and used an iPad to record his time in the water acknowledges it was insurance-related fraud.Theodore Robert Wright III pleaded guilty on Dec. 7 in Tyler to...

Tribe in New Mexico Requesting Federal Disaster Declaration for Flooding

Dec 11 2017 // New Mexico’s congressional delegation is asking the federal government for help as a Native American community in the state is recovering from the effects of severe weather and flooding.The delegation says a storm in...

FAA Awards New Mexico Film Company First Drone Waiver

Dec 1 2017 // An Albuquerque, N.M. cinema drone company says the Federal Aviation Administration has issued it a waiver that will allow it to fly drones over cast and crews on film locations.Flytcam Motion Pictures Managing Partner Luke...

Safety Concerns Remain at New Mexico Nuclear Waste Storage Site

Nov 29 2017 // A federal nuclear review panel still has some safety concerns about Los Alamos National Laboratory’s new multimillion-dollar storage facility for radioactive waste.The Defense Nuclear Facilities Safety Board said in...

Wrong Walgreens Prescription Led New Mexico Man’s to Suicide Attempt, Suit States

Nov 8 2017 // A northern New Mexico man is suing Walgreens over claims a pharmacist erroneously filled a prescription for him, and that anti-anxiety drug led to a suicide attempt.The Santa Fe New Mexican reported an attorney for Anthony...

Berkshire Insurance Units Take Q3 Hit from U.S. Hurricanes, Mexico Earthquake

Nov 6 2017 // Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in...

Workers at Los Alamos Lab in New Mexico Contaminated by Radioactive Material

Oct 30 2017 // Workers at the Los Alamos National Laboratory in New Mexico were contaminated after radioactive particles were released into the air inside the lab’s plutonium facility. The Santa Fe New Mexican reports the lab...

Study Links Colorado, New Mexico Quakes to Oil and Gas Fluid Injections

Oct 26 2017 // A rash of earthquakes in southern Colorado and northern New Mexico between 2008 and 2010 was likely due to fluids pumped deep underground during oil and gas wastewater disposal, according to a study from Colorado...

$65M of Unpaid Taxes by New Mexico Insurance Companies, Audit Shows

Oct 26 2017 // A long list of insurance companies failed to pay taxes on insurance premiums of nearly $65 million to the state of New Mexico since 2003, according to an independent audit released Tuesday that could weigh in ongoing legal...

Swiss Re Estimates $3.6B in Claims from U.S. Hurricanes & Mexican Quakes

Oct 20 2017 // Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in the third...

Argo and Aspen Issue Loss Estimates for Q3 Natural Catastrophes

Oct 18 2017 // Argo Group International Holdings Ltd. and Aspen Insurance Holdings Ltd. have issued their third quarter catastrophe loss estimates, primarily related to Hurricanes Harvey, Irma and Maria as well as the earthquakes in...

Gulf of Mexico Oil Spill Stirs Comparison to BP Disaster

Oct 17 2017 // An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig.The Delta House floating production facility about 40...