Latest New Mexico Headlines

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

New Mexico Considers Stricter Regs for Older Drivers

Jan 31 2011 // New Mexico’s Legislature is considering a bill that would impose stricter monitoring and license renewal standards on older drivers. In addition to a vision exam, Senate Bill 125 would subject drivers 75 years and...

Intoxicated New Mexico Worker Still Entitled to Workers’ Comp Benefits

Dec 29 2010 // A New Mexico Court of Appeal has ruled that a Las Cruces city employee who fell off a garbage truck while intoxicated is still eligible to collect workers’ compensation insurance benefits for his injuries. According...

New Mexico Town Could Be Liable for Residents’ Flood Damage

Dec 2 2010 // More than a dozen Farmington, N.M., residents and businesses have put the city on notice that they want reimbursement for damages caused by flooding in August. Some 14 claims have been filed, meeting a 90-day deadline to...

Republicans Gain Control in State Houses, Governor Offices

Nov 14 2010 // Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression,...

New Mexico Insurance Division Receives Consumer Assistance Grant

Oct 21 2010 // The New Mexico Public Regulation Commission’s Division of Insurance will get $226,000 in federal funds to bolster consumer assistance efforts at the regulatory agency. The grant, which was made available through the...

New Mexico City Makes Sure Residents Able to Get Insurance

Aug 9 2010 // Farmington, N.M., city councilors have passed an ordinance that will keep residents eligible for flood insurance coverage backed by the federal government. The vote came less than a week after the northwestern New Mexico...

New Mexico Apoints Franchini Insurance Superintendent

Jul 30 2010 // The New Mexico Public Regulation Commission has appointed John G. Franchini Superintendent of Insurance by a 4-1 vote. Franchini, a New Mexico native, boasts nearly four decades of insurance industry-related experience and...

New Mexico CPCU Installs Officers

Jun 25 2010 // The New Mexico Chapter of the Chartered Property Casualty Underwriters has installed officers for the 2010-2011 term. Officers include: President Byrd Horner of CNA, Larry Cornwell, also of CNA and Secretary/Treasurer John...

Montoya Appointed New Mexico Acting Superintendent of Insurance

Jun 15 2010 // The New Mexico Public Regulation Commission has voted unanimously to appoint Johnny L. Montoya acting superintendent of insurance. Montoya, who will continue to perform the function of interim chief of staff until July 6,...

New Mexico Names Dunbar Interim Insurance Chief; Deputy Resigns

Jun 7 2010 // The New Mexico Public Regulation Commission appointed a new interim insurance superintendent, and the deputy superintendent has resigned. The PRC announced the appointment of Craig Dunbar to replace Deputy Insurance...

New Mexico Names Dunbar Interim Insurance Chief; Deputy Resigns

May 24 2010 // The New Mexico Public Regulation Commission has appointed a new interim insurance superintendent, and the deputy superintendent has resigned. The PRC announced the appointmnt of Craig Dunbar’s. The 59-year-old Dunbar...

New Mexico Insurance Chief: ‘Sad’ Comments Led to Resignation

May 17 2010 // New Mexico Insurance Superintendent Morris Chavez has resigned, saying he and his family have been the targets of “sad and derogatory” online comments in the wake of a contentious health insurance rate case his...

New Mexico Insurance Chief: ‘Sad’ Comments Led to Resignation

May 6 2010 // New Mexico Insurance Superintendent Morris Chavez announced he will resign, saying he and his family have been the targets of “sad and derogatory” online comments in the wake of a contentious health insurance...

Tax Proposals Derailed in New Mexico

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...

New Mexico Senate Approves Liability Bill for Spaceport

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...

Ratings Recap: Assurant, PacWest, New Mexico Casualty, Campmed

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...

Foremost Insurance Expands Fire Program in New Mexico, Wyoming

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....

Former New Mexico Insurance Regulator’s Convictions Upheld

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,...

New Mexico Spaceport Wants Liability Protection Bill

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...

Two New Mexico Counties Get Disaster Aid

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...