(March 11, 2016, 1:05 PM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on March 10 held that a lower federal court properly found that an insurer has no duty to defend or indemnify its insured under a business/technology insurance policy’s malicious prosecution clause, further affirming the lower court’s conclusion that the insured's bad faith claim is not viable (Adam J. Hammond v. United States Liability Insurance Co., No. 15-1349, 3rd Cir.; 2016 U.S. App. LEXIS 4483)....