May 30, 2019
Connecticut lawmakers are working to provide additional assistance to homeowners impacted by the crumbling foundations problem. The House of Representatives last week advanced a bill to the Senate, by a vote of 131-7, requiring the Connecticut Housing Finance Authority to …
May 17, 2019
Work has been completed on the first Connecticut home with a crumbling foundation, using funds from a captive insurance company created by the General Assembly in 2017. It took about six weeks to replace Kevin and Aisling McCloskey’s basement in …
April 18, 2019
Some Connecticut condominium associations with crumbling foundations can seek financial help from the captive insurance company that’s been helping owners of stand-alone homes. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company Inc., announced Monday that associations can apply …
August 6, 2018
A Democratic candidate for state Attorney General is seeking permission to become involved in a court case involving eastern Connecticut homeowners whose foundations are crumbling. Wethersfield state Sen. Paul Doyle filed a piled a petition Thursday in state Supreme court …
April 10, 2018
A key Connecticut lawmaker says a proposed surcharge on insurance policies to raise money to help homeowners with crumbling foundations is not a dead issue. Senator Cathy Osten, the Democratic Senate chairman of the Appropriations Committee, said Friday “the surcharge …
February 21, 2018
A Connecticut panel has awarded funding to launch a new not-for-profit insurance company that will manage state dollars that will help homeowners with crumbling foundations. The State Bond Commission approved $350,000 Friday in start-up money for the Connecticut Foundations Solutions …
May 22, 2017
Regional officials are reminding state lawmakers it’s urgent this session to provide assistance to eastern and central Connecticut homeowners with crumbling foundations. Both the executive director of the Capitol Region Council of Governments (CRCOG) and chairman of a CRCOG committee …