American International Group

This is the second fine in three years the American insurer must pay.

HAVANA, Cuba. – American International Group Insurance Company was fined with the sum of 100 thousand dollars for the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury, presumably for violating Cuba’s blockade regulations.

So far this year, four American companies have had to pay these penalties for disobeying the laws ruling the genocidal policy against the island.

The American insurance company was involved in 29 apparent violations, when it provided insurance coverage to several shipments to or from Cuba, or related to Cuban entities.

This is the second fine in three years that the U.S. insurer must pay, as in 2014, the US government claimed that its subsidiaries in Canada violated more than 3,000 times the regulations against Cuba.