8th Circ. Says Petco Heater Not Covered In Medtronic Fire Suit

Law360, Chicago (August 1, 2013, 4:39 PM EDT) -- The Eighth Circuit on Thursday upheld a ruling saying that Insurance Co. of North America owes no coverage to Petco Animal Supplies Stores Inc. in Medtronic Inc.'s suit over an aquarium heater that allegedly started a fire, saying Petco failed to meet the policy's safety standard requirement.

The three-judge appeals panel affirmed the ruling for ICNA issued by a Minnesota federal court last year, saying Petco's coverage arguments fell flat because of a policy provision under which ICNA would have to defend and indemnify it only...
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