Senate approves Chinese drywall bill
POSTED: Tuesday, April 27, 2010 - 6:58am
UPDATED: Thursday, June 3, 2010 - 10:59pm
A bill to protect homeowners dealing with Chinese drywall made it past a big hurdle.
The senate supports a proposal to prevent insurance companies from dropping coverage. Not only that, companies can't increase premiums or deductibles for homeowners with Chinese drywall.
The industry argues the bill could force insurance rates to increase statewide.
House lawmakers will now take up the measure.