Anti-dumping / Countervailing Duty: An Overview

U.S. law authorizes antidumping and countervailing duties on certain imports. These duties are intended to offset the value of dumping and or/ subsidization and are among the most commonly applied U.S. trade remedies. During this NASBP virtual seminar, we are joined by John Sheppard of C.A. Shea & Company and Michelle Lucaccioni of Tokio Marine HCC – Surety Group to discuss antidumping and countervailing duty and the impact this special class of duty has on Customs bond underwriting.

Michelle Lucaccioni

Vice President, Customs, and Commercial Trade and Transportation Surety

Tokio Marine

Michelle has been involved in the International Trade Segment of the Insurance Field since 1993 holding various roles throughout her career in both agency and company surety operations. From 2009 to 2019 Michelle served as Vice President of Surety for Navigators Management Company, Inc. (NMC). In April of 2019, Navigators became a Brand of The Hartford where Michelle managed the Customs and Logistics Surety Division until moving to her current role as Vice President of Customs Surety at Tokio Marine HCC in 2022

John Sheppard

Vice President, C.A. Shea & Company, Inc.

C.A. Shea & Company, Inc.

John Sheppard has been with C.A. Shea & Company, Inc. for over 22 years, and is currently the Vice President. He oversees the day to day operations of the bond department and is responsible for underwriting and dealing with Customs on both the local and executive levels.

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