Ocean Harbor Insurance Group has successfully priced its debut catastrophe bond with the Oceanside Re Ltd. (Series 2025-1) issuance set to provide the targeted $75 million of collateralized multi-year catastrophe reinsurance for named storm and severe weather risks in the state of New York.Ocean Harbor entered the catastrophe bond market as a first time sponsor … Read more
With their outdated technology and high costs, legacy codebases hold enterprises back. But in many cases, the prospect of migrating to modern cloud native, open source languages1 seems even worse. Migration projects typically require significant time and money. Artificial intelligence (AI) tools have emerged to help, but many businesses fear they will expose their intellectual … Read more
Screenshot of Airbnb homes in Door County. The Town of Baileys Harbor has asked the Door County Tourism Zone Commission (Zone) to implement a program that would allow short-term rental (STR) property owners to apply at one time for both their Zone permit and their town license. The consolidation would eliminate a step in what … Read more