NU Online News Service, Jan. 6, 3:46 p.m. EST

New York Gov. David A. Paterson said he will push to revive the New York Insurance Exchange to help "maintain New York's status as the financial capital of the world."

In his State of the State address delivered today, the governor said the aim of the exchange would be to bring buyers and sellers of complex commercial insurance closer together, and provide increased transparency and security for all in the process.

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