Mealey's (March 16, 2023, 11:42 AM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on March 15 held that a lower federal court erred in concluding that a management liability insurance policy’s professional liability exclusion barred coverage for underlying claims that an insured illegally stole a competitor’s clients and agents, further finding that the lower court erred in ruling that California Insurance Code Section 533 does not apply....