This decision affirms a judgment holding that Ins. Code 533 bars insurance coverage for a judgment against Conagra for the public nuisance caused by Fuller Paint’s pre-1950 advertising promoting the use of lead-based paint for interior paint on residential units. In the liability trial, the trial court found that Fuller had kwown at the time it made the advertisements that substantial injury would result from interior use of lead paint since it knew that the paint would wear off, creating easily ingestible lead dust. As a successor by merger, Conagra is barred by the intentional misconduct of Fuller, a corporate predecessor. Ins. Code 533 applies based on the corporation’s knowledge and intent; there is no need to show that high level officials within the corporation had that knowledge and intent. Also, there is no need to show that the harm closely followed temporarily the insured’s wrongful conduct.