CFSIC Has Resumed Application Activity
CFSIC has begun taking applications again effective 9:00 AM on January 13. We have re-opened the electronic platform to accept applications for claimants who agree to be placed in “Pending” status, and we have also enabled applications to be sent to the ESIS team by mail or other means.
The plan now is to remain open for the taking of applications through close of business on February 29. We will re-evaluate that date, and extend it, shorten it, or leave it as is, based on a number of factors, including CFSIC’s current budget cycle and our need to economize while we are rationing Participation Agreements, which we will do into February. We will make a further announcement on this subject by around February 13.
To be clear, any claimant making claim to CFSIC on this date or after this date will be placed in “Pending” status. This means that your claim will be neither active nor inactive, regardless of the severity class code assigned to your foundation. CFSIC will not place a statutory financial reserve on your Pending claim until and only if we determine that we have sufficient funds to move any or all Pending claims into either inactive or active status.
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