7 Pages Posted: 27 May 2017
Date Written: May 24, 2017
This is the text of the ALI Early Career Scholars Medal address delivered at the American Law Institute's 94th annual meeting in Washington D.C., on May 24, 2017. The central argument of the speech is that many of the assumptions on which state insurance regulation is premised are outdated or simply wrong. As a result, much of the current system of insurance regulation in the United States is obsolete, ineffective, and inefficient.
Keywords: Insurance, State Regulation, Rate Regulation, Solvency Regulation, Transparency
Suggested Citation: Suggested Citation
Schwarcz, Daniel, The Failures of State Insurance Regulation (May 24, 2017). Available at SSRN: https://ssrn.com/abstract=2974099