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


Latest version.
  • 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.