Latest New Mexico Headlines

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

Sherman Joins Burns & Wilcox, New Mexico as an Underwriter

Sep 9 2005 // Burns & Wilcox, the nation’s largest independently-owned specialty insurance wholesaler, underwriter and managing general agent, appointed Sandy Sherman as an underwriter for the company’s New Mexico...

Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage: A Comparative Analysis

Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The Master Service...

Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage

Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The MSAs usually...

Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage: A Comparative Analysis

Aug 22 2005 // In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The Master Service...

Burns & Wilcox Adds New Mexico office

Aug 18 2005 // Burns & Wilcox, the nation’s largest independently-owned specialty insurance wholesaler, underwriter and managing general agency, has opened a new service center in Albuquerque, N.M. Announced by Burns &...

Jury Awards New Mexico Woman $1.3M for Sex-harassment Claim

Jul 28 2005 // A jury has awarded $1.3 million to a New Mexico woman who claimed she was sexually harassed by a supervisor at an Allstate office in Albuquerque. Lisa Mann, a lawyer representing the insurance giant, said she disagreed...

NEW MEXICO GOVERNOR SIGNS CREDIT LEGISLATION:

Apr 18 2005 // New Mexico Gov. Bill Richardson (D) signed into law SB 560, the Personal Insurance Credit Information Act, according to the American Insurance Association. The bill was passed by the legislature on March 19. SB 560 will...

New Mexico Governor Signs Credit Legislation

Apr 8 2005 // The American Insurance Association commended New Mexico Gov. Bill Richardson (D) for signing into law this week SB 560, the Personal Insurance Credit Information Act. The bill was passed by the legislature on March...

AIA Urges New Mexico Governor to Sign Credit Bill

Mar 25 2005 // The American Insurance Association said on March 24 that it is strongly urging New Mexico Gov. Bill Richardson (D) to sign S.B. 560, the Personal Insurance Credit Information Act, which was passed by the legislature on...

N.M., Idaho Customers to Share in $40 Million State Farm Settlement

Jan 12 2005 // Some New Mexico consumers will share in a $40 million settlement between states and State Farm Mutual Insurance Company. State Farm failed to properly title some vehicles for salvage, Attorney General Patricia Madrid...

Health Care Service May Add Okla.’s Largest Insurer

Dec 17 2004 // Health Care Service Corp. is considering adding Blue Cross and Blue Shield of Oklahoma to its network of insurance providers in Illinois, Texas and New Mexico, according to the Associated Press and the Tulsa World. The...

Long-Term Health Care Costs Loom Large for Governors

Sep 6 2004 // Soaring health care costs, coupled with the looming retirement of a record 77 million Americans starting in 2011, are casting a shadow of concern over states that worry their public health care systems can’t shoulder...

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...

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...