It didn't take long for Eric Dinallo to toss his hat back into the political ring. A month after stepping down as New York superintendent of insurance, Dinallo, formerly a top aide to Eliot Spitzer when he was state attorney general, announced yesterday that he is gearing up for a possible run for his old boss' office.

"I recently filed papers with the New York State Board of Elections to form a campaign committee," Dinallo said in an e-mail to reporters. "My intent is to enter the race to succeed Andrew Cuomo as New York's next attorney general in the event that he decides not to seek re-election."

While Cuomo has not officially made public any intention to run for governor, he presently is favored over current New York Governor David Paterson in the polls.

Dinallo distinguished himself at the New York insurance department, playing a pivotal role in the federal rescue of American International Group Inc., and in resolving some of the credit crisis issues that beset bond insurers such as MBIA Inc. and Ambac Financial Group Inc., Reuters reports.

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