The growth of small-business ventures coincided with a boom in business insurance uptake and first-time policy buyers. (Photo: Shutterstock)
The formation of new small businesses surged in 2020, as so many Americans were forced out of work by the pandemic. Under record-high unemployment rates (14.8% in April 2020), and as some industries still struggle to reopen a year into the pandemic, many workers have taken matters into their own hands.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
