Louisiana homeowners hopeful insurance bill passes

A bill that would prevent insurance companies from failing to renew or canceling clients who file Chinese drywall-related claims has progressed to the full House.

Class-action status certified in Chinese drywall lawsuit; should speed process for plaintiffs

Class-action status is significant legally, in that plaintiffs (those who suffered harm) can benefit by being considered a “class” or a group rather than having to file a lawsuit for each home affected. This “class-action” status obviously alleviates administrative burdens on the court system as well.

Knauf settles first lawsuit; thousands of homeowners still face drywall woes

In a recent development regarding the Chinese drywall trials (and the issue as a whole for that matter ) a Chinese manufacturer has settled its first suit – Knauf Plasterboard Tianjin Co. settled just days ago, on Friday. Read the source article, from CBS, here.

Knauf ordered to pay up in Hernandez case

While most personal property items that sustain damages contain metals (the metal corrodes from toxic compounds present in the air), clothing is now an item of concern for homeowners seeking remedies for their losses. The reason clothing can be considered a damaged item due to defective drywall, is that the sulfuric odor in some cases can not be removed – the clothing is thus useless.

Lousiana Bill would prevent insurance companies from canceling policies for Chinese drywall

Senator Julie Quinn of Louisiana proposed a bill that was approved today by the La. Senate Insurance Committee, and will now be sent to the full Senate for consideration. The New York Times reported that the bill “would bar property insurers from canceling, refusing to renew, or increasing premiums or deductibles because of Chinese drywall at a property”.

A look at how Judge Fallon arrived at $2.6 million in damages for Virginia plaintiffs

Chinese drywall – Once all the potentially affected components have been removed and the house has been aired out and cleansed, the property is subject to certification. An engineering company must certify the home is habitable.

$2.6M Chinese drywall ruling for 7 Hampton Roads, Virginia homeowners

A Chinese drywall ruling was made on Thursday, April 8, by U.S. District Judge Eldon E. Fallon in New Orleans, awarding seven Virginia homeowners $2.6 million in damages.

The seven Virginia homeowners were chosen as representatives of homes affected by the toxic Chinese drywall across the country- one Virginia Beach family, two in Newport News, and four in Williamsburg.

Louisiana bills: a quick review of proposed legislative drywall solutions

Some key bills that will be considered starting Monday include the following Bills that may be of significance to those following the Chinese drywall crisis.

Chinese Drywall and Home Insurance Problems

As of late, home insurance companies have been making it a habit to cancel policies on those who have had issues related to Chinese drywall. If not cancel coverage, at the very least they are increasing rates. Under two proposed laws in Louisiana, this would no longer be allowed. The bills come from Rep. Walt [...]

Judge Fallon speaks on his desire for expediency

U.S. District Court Judge Eldon Fallon will make a critical decision that will have far reaching impacts upon the homeowners facing defective drywall problems (the number of reported afflicted homeowners is in the thousands).