
Back to Basics: The ABC's of Filing A Claim for Your Crumbling Basement
- By Brian McCarthy
- Posted



Many milestones were met or exceeded this year in the efforts to aid homeowners with crumbling basements in Eastern and Central Connecticut. Amassing funds from state bond allotment, the Healthy Homes surcharge, interest, and donations, the [...]

“I am really disappointed and quite frankly a little angry. My husband and I went to go look at 27 Snipsic Lake Road in Ellington, CT. We were going to make an offer, but thankfully my husband did some digging and found out the house has a foundation issue. I think it is sneaky and probably illegal not to disclose that information to
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As a local real estate company in Mansfield we are experiencing increasing contact with homeowners new to the pending claimant status at Connecticut Foundation Solutions Idemnity Company (CFSIC). Confusion abounds about the meaning of this status and the implications for sellers and buyers.
Although CFSIC has been very clear about what a pending claimant is and is not, it seems people are either not reading or failing to grasp the concise and plentiful information that flows [...]

The annual report and audit report for Connecticut Foundations Solutions Idemnity Company (CFSIC) was published recently on the CFSIC website and it is chock full of information and some great infographics that convey the information in a concise and easy to read format. Here are some takeaways:
40 Number of Northeast CT towns affected
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Testimony was accepted in the public hearing held February 7th on bills proposed to aid victims of crumbling foundations. Two of the bills involve the protection of homeowners with crumbling basements who are at risk of having their credit negatively impacted via a deficiency judgment under many scenarios. There was no surprise in who [...]

The Connecticut Foundation Solutions Indemnity Company (CFSIC) has announced a new launch date of January 10, 2019 for claim applications for Type 1 and Type 2 repairs. After a robust comment period there were changes made to the original underwriting and claims management [...]

The launch date of the CT Foundation Solutions Idemnity Corporation Inc (CFSIC) website will not occur as expected on November 15. According to the update the postponement is expected to be about thirty days and the new launch date will be announced on the CFSIC website. [...]
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