Astellas Seeks Coverage Of DOJ Suit Over Alleged Fraud

Law360, Springfield (November 14, 2017, 9:53 PM EST) -- The Illinois-based parent company of pharmaceutical business Astellas Pharma US sued three of its insurers in Illinois federal court Monday, seeking coverage under a directors and officers policy of a U.S. Department of Justice investigation into Astellas US Holding Inc. seeking evidence of Medicare fraud through funding charities.

Astellas sued insurers Starr Indemnity and Liability Co., Beazley Insurance Co., Inc. and Federal Insurance Co., all of whom told Astellas in March that they would do everything in their power to keep the issue as far away...
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