Potential liability issues surrounding the installation of defective Chinese drywall in Southeastern homes is definitely a topic of conversation among insurance underwriters, but potentially impacted contractors and suppliers haven't seen their accounts moved out of the standard lines market, according to a wholesale broker.
Dean LaPierre, senior vice president and National Construction Practice leader for Mercator Risk Services in Andover, Md., spoke to National Underwriter a few weeks after E&S/Specialty Lines Extra published its first article on the growing Chinese drywall problem, headlining last month's issue.
Asked for a wholesaler's perspective on whether there have been any notable impacts on the specialty insurance market, he said the answer is yes and no.
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