Articles by Susan Haigh

Connecticut Lawmakers Continue Push to Address Crumbling Foundations

Connecticut lawmakers were urged Friday to pass additional legislation to address the state’s crumbling foundations problem and also find additional funds to help impacted homeowners. Michael Marglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, said it is good news …

Connecticut Crumbling Foundations Fund Receives Delayed $19M

The new entity charged with overseeing the distribution of state funds to help Connecticut homeowners with crumbling foundations has finally received a long-awaited $19 million. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, told The Associated Press on …

Head of Crumbling Foundations Fund in Connecticut Says $1B Needed

The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the problem. Michael Maglaras said he hopes to secure funding …

Connecticut College Savings Plan Accounts Breached, $1.4M Taken

State Treasurer Denise Nappier announced Wednesday that 21 Connecticut Higher Education Trust college savings accounts were recently breached, resulting in more than $1.4 million in unauthorized withdrawals. Nappier said her office was advised of the breach by TIAA-CREF Tuition Financing …

Connecticut House Passes $12 Fee to Help Crumbling Foundation Homeowners

Connecticut moved closer Saturday toward adding a $12 annual surcharge on the insurance policies of every residential homeowner to financially help hundreds, if not thousands, of homeowners with crumbling foundations pay for costly repairs. After emotional appeals from eastern and …

CVS Says It Will Keep Aetna in Connecticut’s Capital City

CVS Health Corp. said Friday it has “no plans” to move Aetna from Connecticut’s capital city, reversing last year’s announcement by the insurance giant that it would move its headquarters to another state after nearly two centuries in Hartford, Conn. …

Ride-Hailing Rules Among List of New Laws in Connecticut

New rules for ride-hailing services such as Uber and Lyft are set to take effect in Connecticut with the new year. Starting Monday, such companies must register annually with the Department of Transportation and pay the state annual fees. The …

Connecticut Lawmakers Create ‘Insurance Company’ to Help Homeowners

Connecticut legislators are looking to help hundreds, if not thousands, of homeowners whose foundations are crumbling because of an iron sulfide found in the concrete by creating the state’s own insurance company. The newly minted state budget includes language establishing …

Connecticut Lawmakers Create ‘Insurance Company’ to Help Homeowners

Connecticut legislators are looking to help hundreds, if not thousands, of homeowners whose foundations are crumbling because of an iron sulfide found in the concrete by creating the state’s own insurance company. The newly minted state budget includes language establishing …

Connecticut Teachers’ Union, Towns Sue State to Stop Education Cuts

Connecticut’s largest teachers’ union and three municipalities are seeking a court order to stop Gov. Dannel P. Malloy from cutting $557 million from the majority of school districts, saying the reductions will be devastating to public education. In a lawsuit …