Investigation of Trump insurance payments Last week, Trump's former personal attorney, Michael Cohen, testified that the president provided inflated valuations of his assets to insurers. (Image: Shutterstock)

(Bloomberg Opinion) – 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 from Aon plc that year.

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