President Obama arrived in Cuba yesterday, becoming the first United States president to visit the large Caribbean island nation since Calvin Coolidge in 1928. The historic trip comes 15 months after Obama announced the restoration of diplomatic ties between the U.S. and Cuba.
In the push to normalize relations with the communist-led government in Havana, U.S. officials have worked to reopen Cuba to the United States with direct-flight agreements and the first direct mail delivery to the country, just last week. The Cuban government seems prepared to make the regulatory and policy changes that U.S. business would need to offer do business inside the country.
New market for insurers is expected to emerge
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Jayleen R. Heft
Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].
