NEW YORK–The 2009 prospect for most insurers is positive, according to an analyst, but any firm that is looking for government help has a problem, said an insurance executive at a conference here.

The comments were made during the 13th annual insurance conference sponsored by the New York Society of Security Analysts.

Elizabeth Malone, a senior vice president with Wunderlich Securities, Memphis, Tenn., said that despite moves to assert more federal controls, state regulation of insurance is here to stay. She also noted that she is optimistic about insurers' prospects.

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