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A trust formed to handle Chinese drywall damage claims for over 700 homeowners involving a bankrupt homebuilder has filed a federal lawsuit naming 14 insurers, seeking indemnification for their losses.

WCI Communities Inc., its subsidiaries and subcontractors purchased insurance policies with aggregate limits of over $200 million during the policy periods triggered by Chinese drywall claims, which began in 2006, according to the New York-based law firm of Anderson Kill & Olick, P.C.

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