You can also purchase OD Tools 2019 for Lightwave which has a Applink to 3D Coat included. I haven't upgraded my OD Tools to 2019 version yet but I might soon just for this applink.
Video demo by user here https://www.youtube.com/watch?v=vLa-guPIWLQ&t=492s
Purchase here https://origamidigital.com/cart/index.php?route=product/product&path=59_60&product_id=57
indeed, Resetting my prefs did work. Thanks a lot!
Just one note:
The option to switch tablet settings to TabletPC seems to be missing in the preferences/general tab. I had to edit the prefs in order to get my tablet working again...