That Time Trump Got $18.3 Million in Palm Beach

Timothy O’Brien: “A series of hurricanes tore through Florida in 2005, and Mar-a-Lago, President 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.”

“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.'”

“In 2016, the Associated Press scoured Palm Beach property records for damage reports, interviewed the adjuster who assessed Trump’s insurance claim, met with the man who oversaw Mar-a-Lago and spoke with several former Palm Beach officials about possible hurricane damage to the club. There was ‘little evidence’ of ‘large-scale damage,’ the AP concluded.”