2346-A - Reduction in rates of certain commercial risk insurance premiums for real property.

§  2346-a.  Reduction  in  rates  of certain commercial risk insurance  premiums for real property.   The superintendent shall  provide  for  an  actuarially  appropriate  reduction in the rates of premiums for certain  commercial risk insurance, as defined in subparagraph (A)  of  paragraph  forty-seven  of  subsection  (a)  of  section  one hundred seven of this  chapter, to a purchaser of such insurance and shall  also  provide  such  reduction  to  a  public  entity  as  defined  in paragraph fifty-one of  subsection (a) of section one hundred seven of this chapter for the loss  of or damage to real  property  fitted  or  retrofitted  with  hurricane  resistant laminated glass windows or doors.  The superintendent shall by  regulation  establish  standards for hurricane resistant laminated glass  windows and doors, including the safe and secure installation thereof.