First, there are a number of people out there who believe that the cap is something different than $190,000. It isn’t. It’s clearly posted on CFSIC’s website. (Let’s be clear…many people are just not familiar with our website.) Read more
We think it’s important to re-emphasize a few key points…particularly since anyone applying on or after August 17, 2021 is a Tier 2 Pending claimant. Make no mistake: CFSIC wants you to apply, and it’s very important that we know who you are and where your impacted foundation is. Read more
CFSIC’s guidelines are subject to review and approval by the Connecticut Insurance Department. These guidelines are a part of CFSIC’s Plan of Operation. The aim of the guidelines is to be as fair and equitable as we can possibly and humanly make them. Read more
At a recent meeting of the volunteer Board of Directors of CFSIC, the Board unanimously approved a recommendation by the Superintendent that the cap on the number of paid Type 2 claims be raised from 100 to 125. Read more
Today CFSIC received $12.4 million from the Healthy Homes Fund though the auspices of the CT Department of Housing. Read more
We have been informed by the Connecticut Insurance Department that Healthy Homes surcharge funds are on their way to the CT Department of Housing. We’re attempting to establish a timeframe this week for the receipt of those funds. Read more
CFSIC continues to move as rapidly as we can with our Tier 1 Pending claimants to bring them into Active status and from there into the Participation Agreement line. Read more
As a reminder, CFSIC is currently in suspension for the issuance of new Participation Agreements. The Participation Agreement signed by a claimant and, in each case, countersigned by the Superintendent is the only way that CFSIC claim funds get committed to a foundation project. Read more
With 2,002 recorded claimants in our system as of last Friday…we’ve crossed an important threshold of service, with more than 2,000 families accounted for in our system. Read more
Anyone who’s been following the crumbling foundations crisis since CFSIC was launched on January 10, 2019 knows that, while the crisis extends throughout the Northeast Corner of Connecticut, there are ten towns within the NE Corner that are the hardest hit. Read more