Latest New Mexico Headlines

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

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...

ALLIANCE QUESTIONS N.M. PRIVACY RULES

Jan 14 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. According to Rey Becker, president of property/casualty for the Alliance, “Earlier this year, the...

Alliance Says New Mexico Privacy Rules Violate State Law

Jan 3 2002 // The Alliance of American Insurers has questioned the legality of recently adopted privacy regulations in New Mexico. “Earlier this year, the New Mexico Legislature directed the superintendent of insurance to adopt...

Insurers To Be Reimbursed for Cerro Grande Fire Claims

Aug 9 2001 // The federal government is working to reimburse insurance companies for all claims they paid to their customers for damage caused by the Cerro Grande fires in New Mexico last year. Payments are expected to begin in January...

NM REGULATOR RETURNS FIRE

Mar 5 2001 // Former New Mexico Insurance Superintendent Don Letherer is suing several current and former state regulatory officials for wrongful termination. Letherer charges that the officials fired him in late Janaury in part because...

Former New Mexico Insurance Superintendent Claims Wrongful Termination

Feb 23 2001 // Former New Mexico Insurance Superintendent Don Letherer is suing several current and former state regulatory officials for wrongful termination according to a Business Insurance report. Letherer charges that the officials...

IIAA Honors 2000 National Awards Program

Oct 30 2000 // Top honors in the Independent Insurance Agents of America’s 2000 National Awards Program were presented today to the Independent Insurance Agents of New Mexico, the Independent Insurance Agents of Oklahoma, and the...

Public Service Co. of New Mexico to Receive $13.75 Million Settlement

Sep 8 2000 // Public Service Co. of New Mexico (PNM) announced that it had settled against an unspecified number insurance companies, individuals and other entities in litigation stemming from the alleged “under-performance”...