Gov. Malloy signs concrete bill

Gov. Malloy signs concrete bill

Gov. Dannel P. Malloy has signed into law a bill to provide some financial relief to victims of crumbling concrete foundations and help to prevent the problem in the future. The bill requires properties to be reassessed for property tax purposes at the owner’s request as long as the property owner submits a copy of a written evaluation, prepared by a professional engineer, indicating the foundation contains defective concrete. The new assessment will be valid for five years or until the foundation is fixed.

The bill also protects any consumer complaints collected by the Department of Consumer Protection during their investigation from freedom of information act requests for seven years. Therefore, any consumer that complains will not have their information shared with their homeowners insurance carrier.

Letter recommending further remedies

Officials in Tolland, Conn., have approved a letter to Gov. Malloy recommending state measures to help address the problem of crumbling concrete foundations.

The communication, which is expected to include more towns, suggests more immediate remedies while the state investigation of faulty concrete poured in north central and northeastern Connecticut continues.

The letter also notes that some 2,000 homes were built in Tolland during the time the defective foundations are believed to have been poured.—Coli

Flood Insurance: Increased Cost of Compliance Coverage

Flood Insurance: Increased Cost of Compliance Coverage

On the move? Be sure to let us know!

On the move? Be sure to let us know!