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 …
A national search is officially underway to replace the veteran insurance consultant who has overseen the rollout of an ongoing assistance program for Connecticut homeowners with crumbling foundations. Michael Maglaras recently announced he and his insurance and risk management consulting …
The veteran insurance consultant who has overseen the rollout of an assistance program for Connecticut homeowners with crumbling foundations says he’s stepping aside. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, a captive insurance company created by the …
Work has been completed on the first Connecticut home with a crumbling foundation, using funds from a captive insurance company created by the General Assembly in 2017. It took about six weeks to replace Kevin and Aisling McCloskey’s basement in …
The entity overseeing distribution of state funds to help Connecticut homeowners with crumbling foundations has ceased authorizing new foundation construction work until it receives a payment from the state Department of Housing. Michael Maglaras, superintendent of the Connecticut Foundation Solutions …
Some Connecticut condominium associations with crumbling foundations can seek financial help from the captive insurance company that’s been helping owners of stand-alone homes. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company Inc., announced Monday that associations can apply …
The new entity charged with overseeing the distribution of state funds to help Connecticut homeowners with crumbling foundations has finally received a long-awaited $19 million. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company, told The Associated Press on …
The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the problem. Michael Maglaras said he hopes to secure funding …
