Mexico News

Declarations

Not Cutting Corners “To date we have not seen a single instance where a human being made a conscious decision to favor dollars over safety.” —The White House oil spill commission’s Chief Counsel Fred Bartlit said at a meeting exploring …

Republicans Gain Control in State Houses, Governor Offices

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, according to the …

BrokersLink Appoints Casanueva to Board of Directors

BrokersLink, a major independent insurance broker alliance whose members manage premium volumes in excess of $10 billion, has appointed Juan Ignacio Casanueva, Chairman of the Casanueva Perez Group in Mexico, to its board of directors. The bulletin said he would …

Key Facts and Provisions of U.S.-South Korea Trade Deal

The United States and South Korea are working to resolve beef and auto trade issues blocking U.S. congressional approval of a free trade agreement while President Barack Obama is in Seoul for the Group of 20 summit. An announcement is …

Big Oil Firms Need Top-to-Bottom Safety Reform, Says Commission

Complacency at BP, as well as at Transocean Ltd and Halliburton, led to serious missteps prior to the rig explosion that unleashed millions of barrels of oil into the Gulf of Mexico over the summer, the heads of the White …

BP Says It Has Paid Alabama $657 Million So Far for Disaster Recovery

Oil giant BP says it has paid more than $657 million for grants, claims and recovery costs in Alabama from the oil spill in the Gulf of Mexico. The oil company released updated figures this week on the amounts it …

Diaz Joins JDW Insurance Staff in El Paso

W. Martin Yung, president of El Paso, Texas-based insurance brokerage and risk management firm JDW Insurance, announced that Rene Luis Diaz has joined the firm as an account executive in the JDW Commercial Lines Division. He was previously employed as …

Munich Re Raises FY Profit Forecast on $2.72 Billion 9-Month Results

White House Panel: Human Errors, Not Safety Cuts, Behind BP Disaster

The White House oil spill commission said on Monday it found no evidence to support accusations that the largest offshore oil spill in U.S. history happened because workers for BP Plc and its partners cut corners to save money, mostly …

Panel on BP Gulf Oil Disaster Could Shape Liability Issues

The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at each other for …