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Second Insurer Accuses Intuitive Surgical, Inc. (ISRG) Of Concealing Legal Claims Over Da Vinci Surgical Robot



1/3/2014 10:18:43 AM

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A 2nd insurance company accuses Intuitive Surgical of concealing legal claims filed against the medical device company over its da Vinci surgical robot. Intuitive Surgical (NSDQ:ISRG) is facing a lawsuit from another insurance company alleging that it hid legal claims filed over its da Vinci surgical robot. The Illinois Union Insurance Co. filed the 1st lawsuit in November 2013 in the U.S. District Court for Northern California, accusing Intuitive of revealing only 25 legal claims filed over the da Vinci device. Intuitive had also agreed to extend the deadline for other lawsuits filed over the da Vinci device beginning in November 2012, but never told the insurance company about the deals, called "tolling agreements," the lawsuit claims.

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