Insurance industry executives worry about the effect of regulation on their performance over the next few years, but disagree on how financial service regulatory reform should unfold, according to a recent survey.

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Congress is likely to begin a review of the financial oversight system next month, with an eye toward revamping regulation. Banking, of course, will take center stage, especially now that the federal government has a direct stake in many of the nation’s largest banks.

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Consumers are abandoning non-compulsory motor and home insurance in an effort to cut costs in the recession.

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Stocks gave back some of their gains late in the day but still finished Thursday in positive territory, halting two days of declines.

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The Canadian Life and Health Insurance Association has joined and six other insurance industry trade associations in a unified statement to the G20 leaders ahead of their summit in London on April 2.

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