Latest New Mexico Headlines

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

New Mexico’s Med-Mal Rates Up 9.8 Percent

Aug 16 2004 // The high cost of medical care just got higher.R. Kevin Clinton, president of American Physicians Capital Inc., told leaders of the New Mexico Medical Society that medical malpractice insurance premiums have increased an...

Insurance Auto Auctions Opens El Paso Facility

Jul 6 2004 // Insurance Auto Auctions Inc., a provider of automotive salvage and claims processing services in the United States, announced the opening of a new greenfield facility in El Paso, Texas. This new 8-acre facility will...

State Farm Drops Auto Insurance Rates in New Mexico

May 10 2004 // State Farm Insurance, New Mexico’s largest auto insurer, is lowering customer rates by an average of 5 percent statewide thanks to fewer claims.Illinois-based State Farm, which handles more than 282,400 insurance...

State of New Mexico to Motorists: Insure That Car or Lose Registration

Apr 29 2004 // New Mexico is ready for step two in its effort to increase the number of insured vehicles on its roads: suspending the registration of nearly 300,000 uninsured vehicles.The suspensions, which will begin next week, are part...

New Mexico Court Invalidates Family Exclusions in Umbrella Policies

Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents.Such exclusions “are...

Industry Has Productive Legislative Session in New Mexico

Mar 22 2004 // The New Mexico legislature’s regular 30-day session adjourned Feb. 19. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask legislators to consider...

Tort Reformers Look to Score in States after Washington Strikes Out

Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...

Industry Has Productive Legislative Session in New Mexico

Mar 1 2004 // The New Mexico legislature’s regular 30-day session adjourned at noon on Feb. 19, 2004. Although the New Mexico Constitution largely limits the scope of 30-day sessions to fiscal matters, the governor can ask...

Ala., N.M., N.Y. Associations Honored with McCord National Education Awards

Oct 6 2003 // Independent agent associations in Alabama, New Mexico and New York were recognized for their educational programs as the Independent Insurance Agents & Brokers of America (IIABA) recently presented each of them with a...

AIA Calls on N.M. Blue Ribbon Commission to Reduce Tax Toll on Insurers

Aug 12 2003 // The American Insurance Association (AIA) led a delegation of property-casualty trade associations on Monday in urging New Mexico’s Blue Ribbon Tax Reform Commission to recommend real improvements to the state’s...

N.M. COURT OF APPEALS REJECTS AUTO LIABILITY:

Jun 9 2003 // The New Mexico Court of Appeals recently rejected the theory of liability stacking with regard to automobile insurance, the American Insurance Association (AIA) reported. In the case of Linda Ann Slack, et al. v. James...

N.M. Court of Appeals Rejects Auto Liability Stacking

May 12 2003 // The New Mexico Court of Appeals recently rejected the theory of liability stacking with regard to automobile insurance, the American Insurance Association (AIA) reported.In the case of Linda Ann Slack, et al. v. James...

Waiting Period for NM Workers’ Comp Rate Filing Removed

Apr 21 2003 // In recognition of today’s workers’ compensation marketplace, the New Mexico Division of Insurance has exempted workers’ compensation insurance rate filings from the 90-day waiting period required by state...

New Mexico Judge Upholds Lloyd’s Claims Against “Names”

Oct 15 2002 // Judge Lorenzo Garcia of the U.S. District Court in Albuquerque New Mexico has upheld the ruling of a U.K. court in favor of Lloyd’s claims for a total of $2.8 million from six American investors, or...

Ohio Department weighs In on Premium Payment Lawsuit

Jun 14 2002 // Ohio Insurance Director Lee Covington has filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers.Covington filed the...

Ohio Director Weighs In on Premium Payment Lawsuit

Jun 13 2002 // Ohio Insurance Director Lee Covington filed a court action seeking to persuade a New Mexico court not to impose another state’s insurance laws and increased costs on Ohio insurance consumers.According to the Ohio...

Insurance Noodle Adds N.M. to Fold

May 7 2002 // InsuranceNoodle has achieved its goal of being licensed to sell small business insurance in every state in the continental United States, with the recent addition of New Mexico to the fold. “With the licensing of New...

Nev. Contractors Insurance Expands to Offer More Workers’ Comp

Apr 30 2002 // Nevada Contractors Insurance has expanded its operations to offer workers’ compensation to contractors in New Mexico. The company, which is Nevada’s second largest insurer for workers’ comp insurance,...

Ohio Insurance Director Files to Intervene in New Mexico Lawsuit

Feb 25 2002 // Ohio Insurance Director Lee Covington filed a petition to intervene in a New Mexico lawsuit that, according to the Ohio Department of Insurance, could impose another state’s insurance laws and increased costs on Ohio...

AIA Hails N.M.’s Next Step toward Insurance Regulation Modernization

Feb 22 2002 // Legislation supported by the American Insurance Association (AIA) to reduce government regulation of commercial insurance in New Mexico was passed by the state legislature. The measure (SB 256), which passed last week with...