Latest News…February 26 2024
All of us need to treat the victims of the crumbling foundations crisis with compassion, understanding, and assistance. Read more
All of us need to treat the victims of the crumbling foundations crisis with compassion, understanding, and assistance. Read more
There are three dates within the CFSIC system that you should know and you should keep track of if you are a claimant. Anyone working within the Superintendent’s office can give you these three important dates. Read more
The single biggest reason that claimants who could be made Active remain Inactive is that they have delayed in making a claim for their crumbling foundation first with their commercial homeowner’s insurer. Read more
As we had announced previously, at 9:00 AM on February 2 the new concrete delivery ticket collection program began at CFSIC. It is applicable from that point…meaning, for any new remediation commencing on that date and subsequent. Read more
It’s all the activity that happens behind the scenes: receiving applications and supporting data, underwriting, claims adjustment, the management of CFSIC’s financial resources, and in general the structure of CFSIC as a captive insurance company. Read more
A reminder to all: CFSIC does NOT administer the new HUD crumbling foundations gap assistance program. It is administered by the Capitol Region Council of Governments (“CRCOG”). Read more
Effective February 2, 2024, CFSIC will be putting in place an important change to its Underwriting and Claims Management Guidelines. Read more
Next week in this space we will make a major announcement that should go a long way to creating an adequate paper trail as to the source, weights, measures, and time factors in each concrete placement paid for by CFSIC. Read more
CFSIC is delighted to announce that the Capitol Region Council of Governments (“CRCOG”) has been awarded $2 million by the U.S. Department of Housing and Urban Development. Read more
We are advising contractors to consult with their lawyers and to take a close look at their existing construction contracts to determine if they are adequately protected in the event that a CFSIC claimant (homeowner) applying for a Type 1 claim becomes ineligible to participate in the program. Read more