3/5/2019

INVESTIGATIONS/NEW YORK/TRUMP BUSINESS: “New York State’s financial regulator has subpoenaed the insurance broker for President Donald Trump’s family business, a person familiar with the matter said on Tuesday [3-5-19], after former Trump lawyer Michael Cohen told Congress the president inflated the value of assets to insurers. The New York State Department of Financial Services issued the subpoena late Monday to Aon Plc, a global insurance broker and risk management firm that works for the Trump Organization, said the person, who was not authorized to publicly discuss the matter. The subpoena, which does not suggest that Aon or its employees engaged in wrongdoing, demands materials about Aon’s dealings with Trump and the Trump Organization dating to 2009, the person said. Aon spokeswoman Donna Mirandola confirmed that the company received a subpoena from the regulator. ‘We intend to cooperate with all regulatory bodies,’ Mirandola said in an email. ‘We do not comment on specific client matters.’”

Reuters, “New York Regulator Subpoenas Insurance Broker Over Trump Organization Dealings,” The New York Times online, March 5, 2019