Editor's Brief

Insurance Fraud Could Be a Problem

FILE - This April 15, 2017, file photo shows President Donald Trump's Mar-a-Lago estate in Palm Beach, Fla. The club has received permission from the federal government to temporarily hire 70 foreign housekeepers, wa... FILE - This April 15, 2017, file photo shows President Donald Trump's Mar-a-Lago estate in Palm Beach, Fla. The club has received permission from the federal government to temporarily hire 70 foreign housekeepers, waiters and cooks to fill out its staff during its upcoming busy season. The Florida resort's managers attested there aren't enough Americans qualified and available to do the work. (AP Photo/Alex Brandon, File) MORE LESS
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March 5, 2019 7:25 p.m.

Today the Trump Organization’s insurance broker, Aon, received a wide-ranging subpoena from New York State insurance regulators. This appears to be at least in part in response to Michael Cohen’s testimony last week on Capitol Hill. He told members of the House Oversight Committee a number of things that pointed to an on-going practice of insurance fraud at the Trump Org, specifically by inflating or undervaluing assets.

But TPM Reader GC notes that this isn’t the first time Aon’s work for Trump has drawn scrutiny. And there’s already reporting from 2016 suggesting the strong possibilty of major insurance fraud at Mar-a-Lago.

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