1.Close Outlook.
2.Open Internet explorer go to Tools > Internet Options > Programs Tab > Click Make Default to set IE as the default browser
3.Then from with in Internet Options go to the Advanced Tab then Click Restore Advanced Settings.
4. Test to see if the issue is resolved.
If the above does not resolve the issue run the following from a command Prompt to update a registry value setting it back to the default value.
reg add HKCR\.html\ /d htmlfile /f