Chinese Drywall Toxic?

Louisiana Commissioner of Insurance Jim Donelon says homeowners whose properties are contaminated with defective Chinese drywall and who have been covered for more than three years by their homeowners insurer have the right to continue their coverage …

Commissioner Donelon Says Help Available For Victims of Chinese Drywall Commissioner of Insurance Jim Donelon held a press conference today (November 23, 2009) to announce help for home owners whose properties are contaminated with defective Chinese drywall. Donelon said many home owners in Louisiana are vacating their homes after reporting foul smells, health problems and the corrosion of …

Published: Nov 20, 2009 – UPDATED: 1:57 p.m. Insurance Commissioner Jim Donelon will hold a press conference at 11 a.m. Monday to discuss the insurance coverage issues consumers have encountered when their homes have defective drywall imported from China.

Chinese drywall is not a covered peril under homeowners’ insurance polices, according to the Florida Insurance Commissioner . Speaking to state legislators, Kevin McCarty warned that insurers have no obligation to cover defective Chinese drywall …