Insurance Market Integration
A comparative study of the institutional structure and grants of authority that facilitate legal developments which result in insurance market integration that accommodates state insurance market interests. - European Community and United States of Americ
Pages: 190 pages
Shipping Weight: 410 gram
ISBN (softcover) : 9789058501615
The purpose of this study is to determine what elements of the institutional structure and grants of authority facilitate law either regulations or case law, which results in insurance market integration that takes the interests on the insurance markets into consideration.
The institutional structure and grants of authority of the United States of America (USA) and of the European Community (EC) are being compared. The objective of the cooperation in the EC and the USA was similar, the economic integration of the states’ markets by eliminating the intentional barriers and minimizing the obstacles to free and fair interstate trade. However, the means, the institutional structure and the grants of authority to accomplish this objective differ, as does the resulting legal development of market integration.Where in this study the EC and the USA and their markets are used as examples, the same question and the answers are of interest for any transboundary market within a federal context or a transnational authority context.