Michael Maglaras is stepping down as superintendent of Connecticut Crumbling Foundations Solutions Indemnity Company
The Connecticut Captive Insurance Association has been an active participant in a multi-disciplined task force organised by the State of Connecticut and the Connecticut School Finance Project
Connecticut governor Ned Lamont has signed into law a bill that will make several changes to the Connecticut Foundation Solutions Indemnity Company’s enabling legislation
The non-profit captive insurance company set up to assist Connecticut homeowners affected by the ‘crumbling foundations’ issue will run out of funds by May next year if it continues at its current rate
The Hartford and Liberty Mutual join Travelers in agreeing to provide supplemental financial aid to homeowners impacted by 'crumbling foundations' issue
CFSIC, the non-profit captive set up to distribute remediation funds to assist homeowners by the ‘crumbling foundations’ issue, will launch on at 9am EST on 10 January
The launch of CFSIC, the non-profit captive set up to distribute remediation funds to assist homeowners by the ‘crumbling foundations’ issue, has been postponed
The captives incorporators have chosen the board of the Connecticut Foundation Solutions Indemnity Company
Fresh from the first successful home being repaired using the crumbling foundations funds, doubt clouds over the CFSIC as funding falls far from what is needed to renovate all remaining homes facing the crisis
In a congested US captive market, Connecticut is looking to focus on innovation to separate itself from the field
The captive created to distribute funds to help homeowners impacted by the ‘crumbling foundations’ issue began accepting applications on 10 January
An innovative new captive in Connecticut is helping residents save their homes and may boost the industry’s reputation in the process
While Connecticut is 20th in the nation in terms of the total number of licensed captives, it is third in the nation in terms of average premiums per captive. But what initiatives are in place to ensure this growth continues?
