NU Online News Service, Jan. 5, 12:09 p.m. EST
To deal with a record deficit, New York's new governor is looking to make cuts in state government, and he is eyeing the state's insurance department as one area to promote efficiency.
According to reports from several news sources, New York Gov. Andrew M. Cuomo is considering combining the state's Insurance Department with the Department of Banking in an effort to cut costs and make regulation more efficient in the state.
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