Insurers Face Headaches If US, EU Don't Sync Regulations

Law360, New York (July 17, 2012, 10:04 PM EDT) -- A high-stakes discussion between U.S. and European insurance officials on aligning regulatory approaches needs to produce a resolution by the end of the year to save U.S. and foreign insurers from massive compliance issues before European insurance regulations are overhauled in 2014, experts say.

Leaders from the Federal Insurance Office and the National Association of Insurance Commissioners met last week with officials from the European Insurance and Occupational Pensions Authority, the U.K.'s Financial Services Authority and the European Commission to discuss ways to resolve differences between...
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