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Louisiana Gov. Bobby Jindal signed into law a measure prohibiting insurance companies from dropping coverage of homeowners with Chinese drywall.

Louisiana Gov. Bobby Jindal signed a bill preventing insurance companies from cancelling the policies of homeowners who have found the corrosive material in their houses.

There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.

There are signs of tort inflation in 2010 and 40 percent of companies anticipate it, said the Insurance Information Institute (I.I.I.) in a recently released report.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million, while drywall manufacturer Knauf Plasterboard Tianjin Co.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million.

The Louisiana legislature has passed a bill that would prevent insurers from canceling or nonrenewing homeowners policies because of Chinese drywall claims.