Mealey's (June 2, 2022, 1:24 PM EDT) -- SEATTLE — The Ninth Circuit U.S. Court of Appeals on June 1 affirmed a lower federal court’s ruling that a directors and officers liability insurer has a duty to defend its insureds against an underlying lawsuit brought by investors of a housing commercial development project but reversed the court’s sua sponte ruling that the insurer has duty to indemnify....