Chinese Drywall Claims and Insurance Coverage: Will Non-Specific Exclusions or Endorsements Curtail Coverage?

Chinese Drywall refers to that particular drywall product manufactured and imported from China, although manufactured by at least one European country via a subsidiary. Chinese Drywall was incorporated into buildings, houses, and other construction products between 2004 and 2008 due to a claimed "shortage" in the US made product which was caused by the overly active hurricane seasons and restoration efforts during those years on the Gulf Coast and Atlantic Coast. As class actions and other lawsuits are being filed, insurance companies, suppliers, builders, and the home buying public are curious as to how liability (CGL) policies will treat property damage claims.