Litigation

"This is an action by an insured against its insurer for: (a) a declaratory judgment that the insurer had a duty to defend and indemnify it against a lawsuit in which "wrongful acts" were alleged; (b) breach of contract by the insurer; (c) insurer bad faith; and (d) reimbursement of the attorneys' fees, costs and other expenses that the insured has incurred."

Update 1/14/11 -

"In the Medtronic Action, Medtronic seeks approximately $1,800,000 for property damage related to a May 20, 2007 fire at its facility. Medtronic alleges this fire was caused by a "Profile" aquarium heater (the "Aquarium Heater") it purchased from PETCO.
11. This Aquarium Heater was designed and manufactured by Meiko Pet Corporation ("Meiko").