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Insurers dropping Chinese drywall policies (ChiNazi Commerce Terrorism!)
Asscociated Press ^ | Skoloff | Brian

Posted on 10/15/2009 11:02:43 AM PDT by Wiz

WEST PALM BEACH, Fla. – James and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when they asked their insurer for help — and not only was their claim denied, but they've been told their entire policy won't be renewed.

Thousands of homeowners nationwide who bought new houses constructed from the defective building materials are finding their hopes dashed, their lives in limbo. And experts warn that cases like the Ivorys', in which insurers drop policies or send notices of non-renewal based on the presence of the Chinese drywall, will become rampant as insurance companies process the hundreds of claims currently in the pipeline.

At least three insurers have already canceled or refused to renew policies after homeowners sought their help replacing the bad wallboard. Because mortgage companies require homeowners to insure their properties, they are then at risk of foreclosure, yet no law prevents the cancellations.

"This is like the small wave that's out on the horizon that's going to continue to grow and grow until it becomes a tsunami," said Florida attorney David Durkee, who represents hundreds of homeowners who are suing builders, suppliers and manufacturers over the drywall. "This is going to become critical mass very shortly."

During the height of U.S. housing boom, with building materials in short supply, American construction companies imported millions of pounds of Chinese-made drywall because it was abundant and cheap. An Associated Press analysis of shipping records found that more than 500 million pounds of Chinese gypsum board was imported between 2004 and 2008 — enough to have built tens of thousands of homes. They are heavily concentrated in Southeast, especially Florida.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: china
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1 posted on 10/15/2009 11:02:43 AM PDT by Wiz
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To: Wiz

From China...with love...


2 posted on 10/15/2009 11:04:03 AM PDT by Crim
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To: Wiz
James and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall

So the lesson here is don't build your Ivory tower out of Chinese drywall? OK sorry for the pun, but why are we importing drywall. There are massive deposits of gypsum here in the US. And the paper backing probably comes from trees grown in the US. That would be like people in the Powder River Basin importing coal.
3 posted on 10/15/2009 11:06:53 AM PDT by GonzoGOP (There are millions of paranoid people in the world, and they are all out to get me.)
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To: Wiz

Waking up in the morning to the scent of frying eggs and sizzling bacon is one thing.

The smell of rotten eggs emanating from your walls . . . well, that’s another thing altogether.


4 posted on 10/15/2009 11:08:11 AM PDT by FoxInSocks (B. Hussein Obama: Central Planning Czar)
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To: Crim

China stinks...the more we destroy our manufacturing the more we will be at the mercy of foreigners and the poorer we will be also.


5 posted on 10/15/2009 11:08:36 AM PDT by nyconse (When you buy something, make an investment in your country. Buy American or bye bye America)
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To: Wiz
Just bought some backer board for a new kitchen countertop. I insisted on USG and still double-checked the label to guarantee US manufacture.

Imported wallboard products? That's just crazy.

6 posted on 10/15/2009 11:12:00 AM PDT by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
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To: Wiz

Did not read the article but did it mention who distributed the drywall? I think there is some responsibility there. Nothing irks me more than only cheap China made stuff being available when I got look for a tool.


7 posted on 10/15/2009 11:13:40 AM PDT by RushingWater
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To: Wiz

The insurance companies appear to be correct. They should not be required to provide warranty service.

On the other hand, any builder who chose to purchase drywall from China should be pushing a shopping cart around containing the remainder of his possessions by this time next month.


8 posted on 10/15/2009 11:15:24 AM PDT by the_Watchman
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To: Wiz
ah - and why was this product not tested before being allowed to be so widely used?

And surely, contractors must have smelled the ‘rotten egg’ odor - and who, in Florida, isn't familiar with that being the odor of sulfur? So much of Florida's well water smells like that.

The gov't won't be interested in helping these people - unless they're predominantly 'not white."

9 posted on 10/15/2009 11:17:26 AM PDT by maine-iac7 ("He has the right to criticize who has the heart to help" LINCOLN)
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To: maine-iac7
and who, in Florida, isn't familiar with that being the odor of sulfur?

Maybe that's the problem - One drywall installer to another - dang, the neighbor's sprinkler sure is spewing out the sulfur today!!
10 posted on 10/15/2009 11:26:03 AM PDT by RushingWater
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To: Wiz

Chinese Drywall, the Asbestos of the 21st. Century


11 posted on 10/15/2009 11:27:20 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

Chinese drywall, mexican labor all financed by Fannie Mae, what could go wrong? Same sort of thing happened about 20 years ago with a new stucco exterior material used to finish houses. The material did not breath causing rot and mold inside of the house. As a result the vendor went bankrupt and the homeowners lost their investment. Be careful using new materials, developmental testing will not tell you everything you may want to know about a products life cycle performance.


12 posted on 10/15/2009 11:35:04 AM PDT by equalitybeforethelaw
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To: the_Watchman

My comment from an earlier thread;
“What I want to know, and haven’t been able to find out, is who, here, bought this stuff? What standards did they have? Did they do even minimal testing? Did they do any testing after problems started to surface? Did they keep using it after problems surfaced?
I ain’t gonna just blame the Chinese jerks that made this crap! Somebody here got greedy and careless! Everyone knows that the Chinese will sell anything. I wouldn’t contract with a Chinese company without very strict rules and regulations. And I certainly would test any products I ordered from them.
I think there’s a lot of blame to be spread around with this drywall issue, which I’ve been following for months. If you’re gonna buy Chinese, exercise care!”


13 posted on 10/15/2009 11:48:06 AM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: the_Watchman
The insurance companies appear to be correct. They should not be required to provide warranty service.

I agree. Is the builder still in business? Is he required to buy and maintain insurance which would reimburse the purchasers of his homes?

If this were an American company, the builder AND manufacturer would be on the hook. Because the state and/or federal government allowed these products to be purchased, did not seem to require any testing to determine safety, and KNEW there would be no recourse from China if the products were bad, I say go after the Feds, make these people whole and then let the Feds fight with China.

14 posted on 10/15/2009 11:50:09 AM PDT by Dianna
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To: equalitybeforethelaw
Same sort of thing happened about 20 years ago with a new stucco exterior material used to finish houses.

And deja vu to 40 years ago and aluminum wiring and quick-connect receptacles!

15 posted on 10/15/2009 12:11:09 PM PDT by lightman (Adjutorium nostrum (+) in nomine Domini)
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To: Wiz
To refer to what happened as terrorism is simply preposterous. I guess for you people jumping on Sep 11 from the 82nd floor of the WTC and the couple encountering a problem with drywall are both victims of terrorism. Do you have any morals left, Mr. Conservative?
16 posted on 10/15/2009 12:58:38 PM PDT by TopQuark
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To: Petronski

Imported wallboard products?

Because at the height of the resdential building boom, the drywall plants couldn’t keep up with demand. I work for Lowe’s in Tampa and we have a National Gypsum plant 20 miles from my store yet we were having it shipped from Alabama (if I remember correctly) because the demand was too great. The distributors had drywall on allocation meaning even we and HD could only get so much brought in.

The problem with the Chicom board is it contains unclean organic fillers and was sprayed with a substance to keep it from molding while in the hot cargo containers coming from China.

The building material suppliers were not checking the quality/content of the material they bought. They assumed it was the same. NOT!


17 posted on 10/15/2009 1:34:41 PM PDT by representativerepublic (...loose lips, sink ships)
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To: representativerepublic
Because at the height of the residential building boom, the drywall plants couldn’t keep up with demand.

My philosophy: let the other guy buy the Chinese stuff.

18 posted on 10/15/2009 1:53:59 PM PDT by Petronski (In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
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To: Wiz

“Chinese drywall that emits sulfuric fumes and corrodes pipes”

Ah, our Chinese friends that the international corporation boys want to “outsource” to.

And we are the ones who end up taking it up the “pipes”.


19 posted on 10/15/2009 2:02:32 PM PDT by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: Petronski
My philosophy: let the other guy buy the Chinese stuff.

Mine too.

20 posted on 10/15/2009 2:06:04 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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