Reitano Insurance and Services

Galuppi's presents Black Tie Optional dinner-show Wed. July 12th https://www.galuppis.com/special_event/black-tie-optional/

Due to The uncertainty of Tropical Storm Eta our office will be closed tomorrow November 9th.We are monitoring the situation and hope to re open on Tuesday.Please take care and be safe.
Thank You

Insurer wins in one of the first U.S. COVID-19 coverage rulings | PropertyCasualty360 The landmark ruling supports what insurers have argued since the start of the pandemic: COVID-19 does not cause 'physical damage.'

https://www.sun-sentinel.com/business/fl-bz-hurricane-season-reinsurance-rates-increase-most-since-2002-20200612-4mqmkuqa3rhqjlllqcsicdqdoi-story.html

Insurance companies set to squeeze even more money out of us this storm season Rising costs from recent hurricanes and increased lawsuits have forced insurance companies to pay more this year for the coverage they must buy to cover potential catastrophes. Guess who they'll be passing those increases onto?

AXA vows to pay COVID-19 claims after losing French court battle | PropertyCasualty360 The decision could set a global precedent for coronavirus-related claims disputes.

World’s insurers face $203 billion in losses from the coronavirus | PropertyCasualty360 COVID-19 claims are on a par with some of the most catastrophic events of recent years and could rise further if the virus isn’t contained, says Lloyd’s.

This has been a strange and unsettling time for all of us to say the least. We hope all of our clients are staying safe and healthy. We anted to update everyone with some insurance news during these unprecedented times.

All auto carriers are providing a %15 to %20 refund for May and June of this year. There is nothing you have to do and the companies will notify you how much your refund will be.

Homeowners carriers in Florida have taken some pretty heavy rate increase especially in Broward County.These increase were submitted and approved by the state way before the Corona Virus was an issue.Our office is reviewing all renews and trying to shop the policies with our other carriers. Please call our office if you have any questions or changes that need to be made.

Most importantly please take care and be safe.

Thanks

Greg Reitano