XL Needn't Waive Deductible, Limits In Stryker Case: Judge

Law360, New York (February 8, 2013, 9:57 PM EST) -- XL Insurance America Inc. does not have to waive a $2 million deductible and a $15 million policy limit in coverage for medical device maker Stryker Corp. and Pfizer Inc. in litigation over allegedly defective artificial knees, a federal judge ruled Friday, reversing a prior decision.

U.S. District Judge Robert Holmes Bell made the ruling in response to the Sixth Circuit’s reversal of his previous finding that the deductible and policy limits must be waived. Judge Bell's previous ruling cited a 1986 Sixth Circuit opinion that...
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