More legal trouble for something else with Trump’s name on it…..
New York State regulators have issued an expansive subpoena to the Trump Organization’s longtime insurance broker, the first step in an investigation of insurance policies and claims involving President Trump’s family business, according to the company and a person briefed on the matter.
The subpoena was served late Monday on the company, Aon, one of the largest insurance brokerage firms in the world, as part of an inquiry by the New York State Department of Financial Services.
It came just days after Michael D. Cohen, Mr. Trump’s former fixer and lawyer, indicated in congressional testimony that the Trump Organization inflated the value of its assets to insurance companies.
The subpoena is the latest sign that the Trump Organization is facing scrutiny from multiple fronts — federal prosecutors, congressional Democrats, and now, insurance regulators.
The Department of Financial Services does not conduct criminal investigations, nor does it have authority over Mr. Trump or the Trump Organization, but it can refer any possible illegal activity to prosecutors.
The federal prosecutors in Manhattan have been investigating the Trump Organization’s role in hush money payments to women who claimed to have affairs with Mr. Trump. Mr. Cohen, who pleaded guilty to federal crimes in connection with those payments, has also told the prosecutors about irregularities in the company’s insurance practices, The New York Times reported last month.
While the prosecutors are largely viewed as independent, the president and his allies have dismissed much of the other scrutiny as politically motivated.
The subpoena from the state agency that regulates insurance, which is part of the administration of Gov. Andrew M. Cuomo, a Democrat and vocal critic of Mr. Trump, landed on the same day that even broader scrutiny came to bear on the president, his administration and his business from House Democrats.
The House Judiciary Committee on Monday unleashed a blizzard of 81 letters demanding documents from people and businesses, including President Trump’s company and several of his family members, kicking off the committee’s sweeping investigation into possible obstruction of justice, corruption and abuse of power by Mr. Trump…