Floridians finally see relief from contaminated drywall case

Florida homeowners have been battling with insurers over whether or not they will have to pay for damage caused by Chinese drywall. Insurers have been unwilling to accept liability to for the damage, citing that the material does not meet the building standards established by the state. A settlement has been reached, however, between homeowners affected by the faulty material and Banner Supply Co., the company that supplied the drywall to more than 800 homes. A number of insurance companies will take part in funding the settlement, which is worth…

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Recent ruling sets presidence for future drywall lawsuits

A recent ruling by a Florida judge may set precedence for other possible lawsuits. A Florida couple sued their home insurer for refusing to pay for repairs needed after contaminated drywall used to build their home ruined electrical wiring, air conditioner coils and pipes.  The insurance company, based in Springfield Illinois, argued that the damages weren’t covered due to the “wear and tear” clause, and the “defective materials” clause. The judge deemed that the drywall material wasn’t defective because it could serve its function. However, because the drywall material also…

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Toxic Chinese drywall battle continues

There has been a dispute raging in Florida regarding damage done to properties using toxic, Chinese-made drywall. Many insurance companies have denied payment for damaged properties that make use of the material, leaving many homeowners to shoulder the cost of rebuilding after any kind of disaster. The material has also been the cause for some health issues, adding yet another facet to the already murky context of insurance coverage.  However, a Florida judge has recently issued a ruling that could change all that. In the wake of Hurricane Katrina, many…

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Major home insurer, Citizens, is excluding drywall in coverage

Private insurers have been making tweaks to their coverage plans all over the country. Citizens Property Insurance is following suit by dropping coverage on properties with damage from Chinese drywall. The first time it had proposed such a move, back in 2009, it met harsh rebuke. As a state funded organization, it is often seen as the last coverage provided to offer service when no one else would. In a report from 2009, drywall from China was found to be responsible for a number of damages to homes including the…

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