Steve Goldberg on Chinese Drywall and Insurance Coverage

My prolific former colleague, Steve Goldberg, just wrote a piece regarding insurance coverage for potential Chinese drywall liabilities.  In the piece, Steve discusses another piece on Chinese drywall and insurance coverage for builders and subcontractors, by John M.Sadler of Sadler and Company, which also has appeared in Claimsjournal.com.  Steve notes what may be an open secret amongst those who represent policyholders in insurance coverage disputes:

John points out, what many of us policyholder insurance coverage lawyers already know. When many serious liability risks arise, many insurers, as one famous court decision once stated in a products liability context, run for cover rather than coverage.

Steve discusses other issues relating to insurance coverage for potential Chinese drywall liabilities, and cites an article on the issue co-authored by our former colleague Leon Kellner, “Chinese Drywall, Legal, Insurance, and Other Strategic Considerations” in the Florida Homebuilders Association Magazine.

For Steve’s full post, click here.

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2009.
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3 comments

  • Thanks Scott. Every time I come to your site I am always glad I did to see the range of interesting articles and posts that you have.

  • Interesting – I had no idea that Chinese drywall was part of any litigation. I guess you have to be careful where you get your building products.

  • Apparently many of these homeowners are required to purchase home insurance, and since they can’t get insured they’re entering foreclosure.

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