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 the new entity that’s expected next month to begin distributing millions of dollars to Connecticut homeowners with crumbling foundations warned state lawmakers Friday he’s within weeks of shutting down if state bond funds aren’t released soon. Michael …
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 Marglaras said he hopes to secure more …
Connecticut moved closer Saturday toward adding a $12 annual surcharge on the insurance policies of every residential homeowner to financially help hundreds, if not thousands, of homeowners with crumbling foundations pay for costly repairs. After emotional appeals from eastern and …
Connecticut homeowners said they need additional financial assistance to help with crumbling home foundations that threaten to collapse their houses. Dozens of homeowners arrived in Hartford on Monday to support a bill that proposes every insurance company cover the peril …