California Insurance Code Section 533.5 Is ‘Unconstitutional,’ Insureds Argue In D&O Coverage Suit

Mealey's (May 22, 2020, 4:58 PM EDT) -- SAN FRANCISCO — Insureds recently asked the Ninth Circuit U.S. Court of Appeals to reverse a lower federal court’s ruling that held, under California Insurance Code Section 533.5, that a directors...
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