CFSIC celebrates 1,000-family milestone

The Connecticut Foundation Solutions Indemnity Company (CFSIC) has announced that it has reached the milestone of having served 1,000 families whose homes have had to be repaired due to crumbling foundations.

CFSIC said that this is: “an important milestone for many reasons, the least of which is because each one of those families is a victory, because each one of those families had nowhere else to turn except CFSIC.

“As we pause to celebrate this achievement, it’s important to recognise the great team who has worked one-on-one with families to make this day happen: Nicole Carrozza, Jenny Nguyen, Ryan LaFountain, Andi Ireland, Shannon Fraize, Caitlin Emanuel, and Jeff Tager. The people who, behind the scenes, have worked with families and contractors to get this job done.”

CFSIC is a captive insurer that was set up to assist state residents with rebuilding crumbling foundations.

For the past decade, cracks have been showing up in home and building foundations because of concrete poured in the 1980s and 1990s, according to state officials. A state report indicates that the mineral pyrrhotite had compromised the concrete produced by a manufacturer during that period, which has led to cracking being reported in homes and buildings across Connecticut.

The company concluded: “We’ll take a moment to celebrate them as we celebrate this victory…but it will just be a moment: as (…) we must continue our work…opening applications, working with victims, paying contractors on time, and returning tax revenue to the hard-hit towns affected by the crumbling foundations crisis.”

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