In the 2020s, insurers face a broader and more daunting array of challenges than their predecessors did a century ago. (Photo: Shutterstock) In the 2020s, insurers face a broader and more daunting array of challenges than their predecessors did a century ago. (Photo: Shutterstock)

In the 1920s, a plague of careless city drivers sent insurance rates soaring for small-town and rural car owners. That imbalance created opportunity, and a few sharp-eyed insurance entrepreneurs created State Farm, Nationwide and USAA to capitalize on it.

As we enter the 2020s, insurers face a broader and more daunting array of challenges than their predecessors did a century ago, from climate change to shifting customer preferences to technological disruption.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.