Insurer Aon Launches Coverage Against Patent Trolls

Law360, Dallas (November 1, 2012, 7:52 PM EDT) -- Aon Risk Solutions is targeting technology businesses that fear lawsuits from patent trolls with a new line of insurance it has launched that allows as much as $2.5 million in coverage against legal action from nonpracticing entities.

The insurance, launched last month, will be underwritten by RPX Corp., a San Francisco-based company focused on patent risk protection, and is available only to companies with $1 billion or less in annual revenue. RPX, which stands for Rational Patent Exchange, since 2008 has bought what it describes as...
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