Ocean Harbor Casualty Insurance

Liability coverage protects against legal responsibility for bodily injury or property damage to others, excluding autos owned by the policyholder or their resident relatives unless specifically listed.

The Homeowners (HO3) policy covers homes and personal property against perils like fire, lightning, theft, and wind, including additional structures and temporary living expenses. It also provides personal liability and medical payment coverage.

Ocean Harbor Casualty Insurance Company, founded in 1986, specializes in home and auto insurance for the Northeast, Southeast, Mid-Atlantic, and Gulf states, including coastal areas where major carriers limit coverage. It is rated A (Exceptional) by Demotech and B by A.M. Best.

A drunk driver falsely reported his address to avoid liability, leaving a crash victim with a $1.26 million judgment unpaid by any insurer. The deception prevented the victim’s claim from being processed under the driver’s policy. Courts ruled the insurer had no obligation to cover the fraudulent claim, leaving the victim without compensation.

Oct 2026Insurance Business AmericaNews article

Ocean Harbor Insurance Group has priced its first catastrophe bond, the **Oceanside Re Ltd. (Series 2025-1)**, to offer **$75 million in collateralized reinsurance** for New York’s named storm and severe weather risks. The bond provides multi-year coverage tailored to catastrophe exposures. The issuance marks Ocean Harbor’s entry into the catastrophe bond market.

May 2025ArtemisNews article

Ocean Harbor Insurance Group is sponsoring its first catastrophe bond, the **Oceanside Re 2025-1**, to secure **$75 million in multi-year reinsurance protection**. The issuance marks Ocean Harbor’s entry into the collateralized reinsurance market, providing coverage against catastrophic events.

Apr 2025ArtemisNews article

Two Florida auto insurers now provide pre-paid rides via Uber, Lyft, or other rideshare services for policyholders involved in accidents. The service aims to offer immediate transportation assistance following an incident. Policyholders can use the rideshare option as part of their coverage benefits.

Apr 2022Insurance JournalNews article