Memorandum from Wiggin and Dana LLP - January 31, 2018
In January 2015, The American Institute of Marine Underwriters (“AIMU”) asked us to consider certain questions which may arise relating to risks involving Cuba due to rule changes regarding the embargo. This memo updates the information provided in response to those questions from the baseline assumption that AIMU and its members were previously aware of restrictions with regard to Cuban risks before the most recent rule changes took effect on November 9, 2017.