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Insurers Pay $13M To Settle Chinese Drywall Claims

By Carolina Bolado ( June 20, 2012, 8:34 PM EDT) -- Two insurers of Chinese drywall importers, including Norfolk, Va.-based Venture Supply Inc., on Wednesday agreed to pay $13 million to settle claims from Virginia homeowners in the massive product liability multidistrict litigation in Louisiana federal court over the allegedly defective drywall....

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