Travelers Sues To Dodge Coverage In Medical Device IP Row
By Gavin Broady
Law360, New York (February 21, 2013, 2:28 PM ET) -- Travelers Property Casualty Co. of America on Tuesday slapped a medical device technology company with a suit in California federal court, arguing it has no obligation to cover the company for inequitable conduct claims levied against it in a patent dispute over medical sutures.
The insurer says a personal and advertising injury exclusion in its policy with KFx Medical Corp. negates any coverage and indemnification obligations in the company's dispute with Arthrex Inc., a rival KFx accused of aping a trio of medical suture patents. Arthrex...