Citizens dropping drywall customers MIAMI -Florida's public insurance company has again reversed course on its coverage for homes with tainted Chinese drywall, telling some owners it will suspend such policies, an attorney for the victims said Monday. Attorney David Durkee, who represents about 300 people with homes containing the defective materials, said Citizens Property Insurance Corp., a state-backed insurer of last resort, has begun issuing notices to alert policy holders their coverage will be dropped. Citizens did not respond to a phone message and e-mail Monday. If the insurer is issuing such notices en masse, it would mark a return to its earlier attempt to not cover homes with Chinese drywall. Thousands of homeowners nationwide bought houses built with the defective drywall.
Taken from the Tampa Tribue Business Breifs January 18, 2010
No comments:
Post a Comment