Connecticut Foundation Solutions Indemnity Co. News

Insurer Finds Connecticut Public Buildings Free From Foundation Problems of Homes

A review of concrete foundations of public buildings in northeastern Connecticut, including schools and fire stations, has found no widespread deterioration problems like what’s plagued hundreds of residential homeowners. Out of 100 structures surveyed, only a handful showed signs of …

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 …