Monthly Archives: May 2018

The Ellicott City Flood: Rebuilding Begins with Resilience

By Sean Kevelighan, CEO, Insurance Information Institute On May 27, for the second time in three years, Ellicott City, Maryland was ravaged by what meteorologists term a “1,000-year flood”—this while some businesses were still celebrating the one-year anniversary of their reopening after the August 2016 catastrophe. As affected households and businesses assess the damage and… Read More »

Insurtech deals reach a record in the first quarter of 2018

Insurtech deals reached $724 million in the first quarter of 2018, according to Willis Tower Watson. This is a record and a 155 percent increase from Q1 2017. The number of transactions, at 66, also represents a record. Seven of those transactions rose to over $30 million in recent funding rounds. There was only one… Read More »

Trial over Facebook tagging to proceed

A federal judge refused to stay a scheduled July trial against Facebook Inc. on the issue of whether it violates the Illinois Biometric Privacy Act with its practice of tagging people on its photos.