A little more than a century ago, The New York Times ran a brief article detailing the commotion at a horse auction held at old Madison Square Garden. It was1909, and alongside more than two dozen equines that were put up on the block was a lone automobile. As though it was a horse, the car was led out with a halter attached, and the auctioneer called out its full pedigree, including dam, sire, age, and mark.
According to the article, it was “the first time that a motor car intruded in such a manner on the premises where horse is king, and the invasion was hailed with derision,” later described as jeers, laughter, and hoots of a thousand horsemen. But we all know how things turned out for the automobile.
A Virtual Revolution
Recommended For You
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:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
