NU Online News Service, April 21, 9:06 a.m. EDT
Insurers bracing for potential losses from the installation of defective Chinese drywall in homes in the Southeast may find themselves named directly in lawsuits, according to legal experts.
During a webinar last week, lawyers from Nelson Levine deLuca & Horst, a Blue Bell, Pa.-based firm that represents insurers in coverage litigation, outlined the potential for first-party claims against insurers under homeowners and commercial property policies, as well as third-party claims under liability policies for drywall distributors, builders and installers.
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