Last week, CFSIC mailed checks to the first round of claimants. We also notified more than fifty Type 1 claimants to proceed with securing at least two proposals for contractor services. The process of paying claims has begun. Read more
We’ve provided more help for contractors to get them started. Read more.
Several important updates on where we are. Read more.
First, it has been five days since CFSIC launched. We have received many Type 1 and Type 2 applications. Read more.
As you work through the information and application process, here’s how you can get help. Read more.
CFSIC will launch officially on January 10 at approximately 9:00 AM. All of us here are ready to help make this a successful launch. Read more
Effective January 3, CFSIC will be launching a program aimed at assisting homeowners with the assignment of a severity class code to their Type 1 affected foundation claims. Read more
We’ve made much progress since CFSIC’s board met on November 27.
First, on November 28, we received the remainder of the allotment of Bond Commission funding which had been due CFSIC for the fiscal year closing June 30, 2018. These funds have enabled us to continue our operations. Many people inside state government assisted us, and we are grateful. Read more.
The CFSIC board has very carefully considered your many comments, questions, and criticisms. We need a few days to make the significant changes the board has made to the underwriting and claims management guidelines. Many of these changes will improve our process and are designed to help more people. We will then get these changes up on the site, and we will be clear about what we’ve changed and the effect these changes have on concerned homeowners. Will this cause a delay in CFSIC’s launch? Yes…it will, but it’s the kind of delay that is going to result in a better process and a more equitable disbursement of funds. Read more.
We’ve received a great many comments from the public about CFSIC’s proposed underwriting guidelines. Many of these have been constructive and helpful, and CFSIC’s board will consider all of them at its next board meeting. I wanted to make a comment on the subject of condominiums. Read more