, Columnist
That Time Trump Got $18.3 Million in Palm Beach
Scrutiny of his business dealings is just the start of a long and possibly harrowing experience for the president and his entourage.
Living like a king at Mar-a-Lago.
Photographer: Mandel Ngan/AFP/Getty Images
A series of hurricanes tore through Florida in 2005, and Mar-a-Lago, President Donald Trump’s business and residence in Palm Beach, was apparently very beaten up because Trump collected about $18.3 million in insurance payments that year from a carrier whose services were brokered by Aon Plc.
When my attorney asked Trump during a 2007 deposition if he ever plowed all of those funds back into his club, he pointed out that “under the insurance plan you didn’t have to” even though “the hurricane really did tremendous damage.”