Transamerica Seeks Re-Exam Of Benefit Rider Patent

By Brendan Pierson

Law360, New York (February 26, 2009, 12:00 AM ET) -- Less than two weeks after losing a trial in a separate case over a related patent, Transamerica Life Insurance Co. has asked a federal judge to stay a patent suit filed by Lincoln National Life Insurance Co. alleging that Transamerica sold retirement income benefit riders that infringe a Lincoln National patent.

Aegon USA Inc. subsidiary Transamerica on Thursday asked the U.S. Patent and Trademark Office to re-examine U.S. Patent Number 7,376,608, titled “Method and system for providing retirement income benefits,” and filed a motion to stay...
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