2020 Year in Review

What. Just. Happened.

This is undoubtedly the question we are all asking when thinking back on this year. If you are reading this, hopefully you, your friends, your family, and your places of work have made it through safely.

2020 offered so many challenges for all of us, personally and professionally. From COVID-19, social issues and subsequent rioting, to the election, this year has been chuck full of questions and uncertainty.

The insurance industry faces challenges as well. Hurricanes, wildfires, distracted driving, increasing auto repair costs, rising litigation costs, and law and statute changes are only a handful of the conditions having a major impact on the industry. All of these factors drive us into a “hard market” which means carriers are restricting their offerings and at the same time increasing rates.

The good news is 2020 is over and the dawn of a new year is around the corner. Vaccines are on the horizon. Normalcy is near.

Hopefully we all come out of this stronger, leaner, and more pliable to change than ever before.