Columbia International Affairs Online: Policy Briefs

CIAO DATE: 05/2010

Insurance Regulation in the United States and the European Union: A Comparison

Martin Eling, Robert W. Klein, Joan T. Schmit

November 2009

Independent Institute


In this discussion of regulatory frameworks, the authors investigate the similarities and differences between insurance legislation on either side of the Atlantic. They discuss the developmental history of state and federal regulation in the United States and European Union and present policy recommendations for reform in the US based on their analysis of various market trends.