All the headlines from our Mexico Topic Page, ordered by recency.
Apr 7 2010 // As the international community steps up its efforts to fight money laundering, a number of countries are now requiring insurers to obtain additional information from their customers to screen out possible bad actors.For...
Apr 6 2010 // Damage estimates from Sunday’s 7.2 magnitude earthquake in Mexico, just south of California, are not expected to exceed $1 billion, and insured losses should not exceed $300 million, according to risk modeling firm...
Mar 22 2010 // As the international community steps up its efforts to fight money laundering, a number of countries are now requiring insurers to obtain additional information from their customers to screen out possible bad actors.For...
Feb 22 2010 // Two tax proposals that would have had negative consequences for insurers and policyholders were averted last week as the New Mexico legislature wrapped up its 2010 regular session, according to the Property Casualty...
Feb 16 2010 // Legislation aimed at protecting New Mexico’s spaceport from liability while the commercial space industry tackles the hazards of space flight was approved by a 37-0 vote in the state Senate.The approval is a victory...
Jan 22 2010 // Standard & Poor’s Ratings Services announced that its ratings on “U.S.-based Assurant Inc. (BBB/Negative/A-2) and related entities are not affected by the settlement of an SEC investigation regarding...
Jan 10 2010 // United Insurance, Mexico AgencyFalmouth, Maine-based insurance agency United Insurance has acquired The Mexico Agency business from Northeast Bank Insurance Group. The Mexico Agency, which was acquired by Northeast in...
Jan 4 2010 // Foremost Insurance Group of Caledonia, Mich., is expanding its Dwelling Fire program in New Mexico and Wyoming, to accept more landlord and rental property customers, and offer lower rates and new, larger discounts....
Dec 31 2009 // A federal appeals court has upheld the convictions of former New Mexico insurance regulator Joe Ruiz on corruption charges.The 10th U.S. Circuit Court of Appeals affirmed Ruiz’s convictions of extortion, mail fraud,...
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city.After graduating from high school...
Dec 23 2009 // Falmouth, Maine-based insurance agency United Insurance has acquired the Mexico Agency business from Northeast Bank Insurance Group.The Mexico Agency, which was acquired by Northeast in 2004, writes approximately $900,000...
Dec 21 2009 // New Mexico spaceport officials plan to seek legislation that would reduce legal liability for companies that launch from Spaceport America.State Economic Development Secretary Fred Mondragon said Wednesday the proposed...
Dec 10 2009 // The U.S. Department of Agriculture in Washington has designated Grant and Luna counties in New Mexico as primary natural disaster areas due to losses caused by drought and high winds that occurred since Jan. 1. Agriculture...
Dec 2 2009 // A new study of the workers’ compensation benefits in Oregon and New Mexico has found that as the benefits have increased, so have claims durations.The National Council on Compensation Insurance used a...
Dec 1 2009 // State Forester Butch Blazer is cautioning New Mexicans about fire danger in parts of the state because of mild conditions and less-than-abundant moisture.Fine grassy fuels and brush in southern and southeastern New Mexico...
Nov 30 2009 // The New Mexico Department of Homeland Security and Emergency Management is urging New Mexico drivers to be prepared for winter conditions by putting together an emergency kit. Department Secretary John Wheeler says kits...
Nov 5 2009 // Four eastern New Mexico counties have been declared eligible for disaster assistance due to their proximity to Texas counties that are disaster areas due to drought and other problems. Farmers and ranchers in Lea, Curry,...
Oct 28 2009 // Boston-based AIR Worldwide Corp. (AIR) reported that it has provided risk modeling and analytical services for over 80 percent of the $2.1 billion of catastrophe bonds issued to date in 2009.AIR said it has been the...
Oct 21 2009 // The New Mexico Department of Insurance has approved rate reductions in workers’ compensation premiums for the fourth year in a row. Workers’ Compensation Administration director Glenn Smith says such rate...
Oct 21 2009 // Standard & Poor’s Ratings Services has raised its ratings on Sul America S.A. (SASA), including raising the counterparty credit rating to ‘BB-‘ from ‘B+’ and the senior unsecured debt...