by Christopher Graham and Joseph Kelly

As every D&O insurer knows, the hourly rates of independent counsel can far exceed an insurer’s panel rates.

Here’s an interesting article from “Coverage Opinions” discussing the Colorado District Court’s take on the issue — albeit outside of the context of D&O insurance — in Azar & Associates, P.C. v. Farmers Ins. Exchange Case No. 13-cv-00658 (D. Colo. Sept. 26, 2013).

Tags: D&O insurance, independent counsel, rates