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Chinese Drywall and the Survival of the Fittest Insurance Company p3

10/23/2015 | Real Estate Blog

We are finishing up our discussion of a case from outside of Pennsylvania over damage caused by Chinese drywall. In our Oct. 19 post we talked about the extent of the drywall issue and how hard it was for affected homeowners to secure compensation for their losses. The case we have been talking about is not about a civil action against the drywall manufacturer, but a couple’s attempt to convince their property insurance company that the loss they suffered — […]

Chinese Drywall and the Survival of the Fittest Insurance Company p2

10/21/2015 | Construction Blog, Real Estate Blog

We’re talking about an appellate decision in Florida that shows just how tough it can be to fight insurance companies over construction defects and faulty building materials. The construction material in this case is Chinese drywall that turned out, as we explained in our last post, to contain high levels of toxic substances. Thousands of homeowners, most of them on the East Coast, suffered health problems or discovered damaged wiring caused by sulfur fumes.

Chinese Drywall and the Survival of the Fittest Insurance Company

10/19/2015 | Construction Blog, Real Estate Blog

Pennsylvania may not have felt the truly disastrous effects of the Chinese drywall debacle as badly as other states. Our state had reported just more than a dozen incidents as of March 2014, while more than 2,000 Florida property owners had reported issues with the product by then. Still, we noted an appellate decision — in Florida — that illustrates a point about insurance and construction material defects that could easily hold true in any zip code.