( March 4, 2025, 12:01 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals held that a breach of contract exclusion barred employment practices liability and directors and officers liability coverage for a more than $3 million underlying state court judgment in favor of former employees who sued the insured for breach of contract for unpaid wages and commissions, affirming a lower court’s ruling in favor of the insurer in its declaratory judgment lawsuit....