Latest News…June 3, 2019
I have countersigned 182 Participation Agreements since January 10. This means that foundations are now being replaced, and we have made commitments to replace many more in the future. Read more
Latest News…May 28, 2019
After almost five months of operational activity, CFSIC has processed 168 Participation Agreements. Read more
Latest News…May 20, 2019
We expect CFSIC’s known claim reserves to reach at least $90 million by the end of our fiscal year. What this means is that we have a growing body of evidence and knowledge as to where the crumbling foundations crisis exists, in what towns, and in some cases on what streets within those towns. Read more
Latest News…May 13, 2019
As of today, CFSIC will be processing new Participation Agreements enabling foundation construction to commence. Read more
Latest News…May 6, 2019
I am pleased to report that, thanks to quick and helpful intervention by Governor Lamont and his staff, and by DOH Commissioner Mosquera-Bruno and her staff, CFSIC should be receiving its next allotment of $20M within the next few business days. Read more
Latest News…April 29, 2019
Beginning on April 29, CFSIC will be unable to enter into any further Participation Agreements with affected homeowner claimants until it receives the proceeds of its April 4th Bond Commission allotment of $20 million. Read more
Latest News…April 22, 2019
In an effort to facilitate more applications from affected homeowners, CFSIC will be inviting CT-licensed home inspectors, as well as CT-licensed engineers, to become certified by CFSIC to conduct visual foundation examinations on behalf of homeowners. Read more
Latest News…April 15, 2019
CFSIC has been in business for a little more than three months. We have reviewed more than 120 construction proposals for work that is now, or will very shortly be, in process. Read more
Latest News…April 8, 2019
CFSIC has been open for business for almost three months. We are identifying claimants and making them active at a rate $1 million per week in reserve liability. Read more
Latest News…April 1, 2019
We’re pleased to report that CFSIC’s current fiscal year bond allotment is expected to be considered and approved at the April 2 CT Bond Commission special hearing. Read more