Chinese Drywall Toxic?

NEW ORLEANS — A deal is almost final that would make a Chinese drywall manufacturer pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product wrecked their homes. Read full article >>

Citizens Property Insurance, like many private insurers, is dropping some policies for homes with damage from Chinese drywall.

Citizens Property Insurance, like many private insurers, is dropping policies for homes with damage from Chinese drywall. State-backed Citizens, Florida’s largest property insurer, backtracked on a similar move in 2009 after it drew fire from critics who …

In a win for plaintiffs, Fallon determined that Chinese drywall does cause a physical loss to a home because it corrodes wiring and electronics, and went on to rule that policy exclusions for latent defects, pollution dampness and pollution don’t apply.

A federal judge has ordered that Chinese drywall lawsuits filed against 10 homeowners’ insurance companies be dismissed after determining that some provisions in their policies allowed them to avoid covering damages caused by the toxic drywall.  On …

In a ruling Thursday, Judge Robert Doumar says that no coverage was owed under a homeowner’s policy issued by Travco Insurance Co. to Larry Ward of Virginia Beach. The judge says the policy does not cover removing or replacing the drywall, or any …

Chinese-made drywall blamed for bad odor and health problems in U.S. homes emits high levels of sulfur and strontium, federal investigators said