New Mexico Consumers Pay Higher Auto Insurance Rates as a Result of Court Decisions
Al Berryman, New Mexico State University, Tim Query, New Mexico State University
The uninsured motorist part of an auto policy provides coverage for damages caused by a motorist who is both uninsured and legally liable to the person insured. Consumers in New Mexico pay some of the highest rates in the country due to high costs as a result of several court cases. These decisions include allowing “stacking” the limits of each insured vehicle, requiring punitive damages, not requiring physical contact with a vehicle (phantom vehicle) to be shown, and retroactively changed the rules for selecting policy limits. Recent court cases concerning uninsured motorists have increased rates for New Mexico drivers.
Impressions of the Cuban Economy
Chris Erickson, New Mexico State University
Cuba is a country that few Americans have visited. Under embargo by the United States government since October 1960, Cuba has become something of a forbidden fruit. Family reunification and travel for academic research are two common exceptions to travel restrictions imposed on Cuba. As a result of the latter, I was able to travel to Cuba on a faculty exchange between June 18 and June 28 to study the Cuban economy. During my visit, I met extensively with faculty at the University of Havana and at the Center for the Study of the United States. I also talked with many private individuals. Much of my trip was restricted to Havana, but I saw a great deal of that city both in organized government-run tours and traveling independently. This is an idiosyncratic summary of my impressions of Cuba and the Cuban economy.
Complete Article: Impressions of the Cuban Economy
Christopher A. Erickson
Las Cruces continues to bump along at the edge of a full-blown recovery. The data are very mixed, with the household survey reporting employment growth of 1.1 percent but the establishment survey (which measures the number of jobs) showing a decline of 0.6 percent.
Complete Article: Talking Points