Despite recent outcries from federal lawmakers and plaintiffs lawyers, concerns that Chinese drywall could become the next asbestos are unfounded, experts say.
"This is unlike asbestos…where you realize years later there are health problems" and exposure goes back for decades, said Michael Hamilton, chair of the national insurance coverage group of Nelson Levine deLuca & Horst.
"While I'm not suggesting that for Chinese drywall there will be a short period of litigation, there is a limited window of time when most of the drywall was imported into the United States," he said, contrasting the more uncertain lifespan of asbestos claims.
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