There is still considerable media buzz surrounding Chinese drywall. For many homeowners, the nightmare is far from over. Why are the culpable manufacturers not answering U.S. courts?
The Louisiana State Senate has passed a bill banning insurers from canceling homeowners and commercial property coverage because of Chinese drywall claims.
The Louisiana State Senate has passed a bill banning insurers from canceling homeowners and commercial property coverage because of Chinese drywall claims.
The Louisiana State Senate has passed a bill banning insurers from canceling homeowners and commercial property coverage because of Chinese drywall claims.
A federal judge in New Orleans has awarded $2.6 million in damages and repair costs to seven Virginia families that sued the manufacturer of Chinese drywall material.
Since the news of tainted drywall—and its noxious fumes—started rolling in, manufacturers and other businesses that supplied and installed the building material have denied liability.
Insurers' claims and litigation costs stemming from Chinese drywall problems are expected to be significant, property damage up to the $10 billion range by one estimate, a rating firm said.