Connecticut Foundation Solutions Indemnity Co. News

Head of Connecticut Crumbling Foundations Program to Stay on the Job

The head of an assistance program for Connecticut homeowners with crumbling foundations has delayed his departure from the organization. The Journal Inquirer reports that Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Co., had originally planned to resign this …

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 …

Insurers Agree to Help Cover Some Connecticut Crumbling Foundation Costs

Two insurance companies have agreed to provide a total of $10.5 million to help Connecticut homeowners cover the cost of repairing and replacing crumbling foundations, officials said Tuesday. The state has reached separate agreements with The Hartford and Liberty Mutual …