November 14, 2019
Insurers are not liable for crumbling foundations caused by defective concrete unless the home is on the verge of collapse, the Connecticut Supreme Court ruled. The decision will likely amplify public pressure for a government solution. Thousands of homes in …
March 11, 2019
HARTFORD, Conn. — 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 Co., said it …
January 10, 2019
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 …
June 6, 2018
U.S. Housing and Urban Development Secretary Ben Carson pledged Monday to work with federal, state and local officials to help thousands of Connecticut residents whose homes are falling apart because of defective concrete foundations. Carson made the promise while visiting …
May 1, 2018
Connecticut’s Democratic U.S. senators announced Wednesday they’ve introduced federal legislation to help state homeowners with concrete foundations crumbling from the presence of an iron sulfide. One bill would provide $100 million in federal funding over five years for states like …
March 28, 2018
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 …
November 7, 2017
Connecticut legislators are looking to help hundreds, if not thousands, of homeowners whose foundations are crumbling because of an iron sulfide found in the concrete by creating the state’s own insurance company. The newly minted state budget includes language establishing …
July 24, 2017
While legislators still don’t have a deal on a new state budget, one key senator says there’s agreement on creating a new fund to help thousands of homeowners whose concrete foundations are crumbling because of a naturally occurring chemical reaction. …
July 1, 2016
Homeowners in Connecticut are getting some help for crumbling foundations. Connecticut Attorney General George Jepsen said Wednesday the state has reached a deal with a handful of insurance companies to finance a program meant to compensate affected homeowners. The program …