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

Drywall 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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