Thursday, November 23, 2017

Catholic Charities Grants $2 Million to Support Puerto Rico


Doonan Tax Services, a New York-based firm, works with clients in the tri-state area as well as in Texas, Florida, and California. Dedicated to helping its community, Doonan Tax Services makes annual donations to Catholic Charities.

In November, Catholic Charities USA (CCUSA), an organization dedicated to serving people in need, provided an additional $2 million to Caritas de Puerto Rico to assist with recovery and relief efforts following Hurricane Maria. 

CCUSA CEO and president, Sister Donna Markham, presented the support during a trip to Puerto Rico. While there, she also met with Padre Enrique Camacho, executive director of Caritas de Puerto Rico, along with clients aided by the organization. 

Her trip underscored CCUSA’s support for Caritas de Puerto Rico and its work following Hurricane Maria. Prior to its new award, CCUSA had provided Caritas de Puerto Rico with $1.5 million in donations. Caritas de Puerto Rico will use this funding to address four objectives: 
1. Managing the distribution of supplies from warehouses to neighborhood
2. Setting up disaster case management teams
3. Establishing a health clinic
4. Providing mental health counselors

Both grants were made possible thanks to donations from individuals across the country.

Thursday, November 9, 2017

Insurance Premiums Expected to Increase in 2018 Due to Storms


Founded in 1981, Doonan Tax Services relaunched upon its expansion in 2016. The expansion saw the tax preparation company grow to a new Bronx, New York, location and introduce two new partners, Timothy Mitchell and Kenneth Doonan. In addition to tax services, Doonan offers life, home, and auto insurance policies.

In September of 2017, USA Today announced that homeowners insurance premiums and auto insurance premiums might increase in 2018 due to hurricanes Harvey and Irma. Even people who didn’t live in areas affected by the hurricanes may see their rates increase.

However, those who live in Texas and Florida could see the highest increases, though residents of states adjacent to those two may face automobile insurance rate hikes. This increase is due to insurers calculating car insurance rates regionally. 

A similar increase occurred after Hurricane Sandy in 2012. In New York, a motorist paid around $1,110 for car insurance in 2012 while the rate increased to $1,180 in 2013.