Bausch & Lomb, Insurer Settle Infection Coverage Row

Law360, New York (October 17, 2011, 4:28 PM ET) -- Bausch & Lomb Inc. said Monday that it had settled its three-year battle with Lexington Insurance Co. over indemnification stemming from infections linked to the eye health company's ReNu MoistureLoc contact lens solution.

U.S. District Judge Michael A. Telesca dismissed Bausch & Lomb's suit against Lexington in New York federal court with prejudice.

"The parties have reached a mutually agreeable resolution in this case," B&L spokeswoman Elizabeth Murphy said Monday. "However, Bausch & Lomb cannot comment on the terms of the settlement agreement because we are...
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