Ivans Report on Commercial Lines — Renewal Rates Up

The Ivans Index found the fourth quarter of 2025 results for commercial premiums up over the year’s third quarter. Senior Vice President Kathy Hrach said all lines saw increases except workers’ compensation.

“The commercial insurance market remains firm overall, though renewal trends suggest it is gradually moving off the peak conditions of recent years,” Hrach said.

Here is more from the report:

• Commercial auto rose in the 4th quarter of 2025 an average of 6.97% — down from 2024’s 7.6%
• BOP premiums jumped 7.52%, down slightly from 2024’s 7.55%
• General liability had the highest increase going to 7.23% from 5.89%
• Commercial property rates rose 8.01% — up from 7.61% in quarter 4 of 2024
• Umbrella coverage rates went up 9.49% from 8.99% in quarter 3 of 2025
• Workers’ comp rates dropped an average of 1.61% — down from 1.42% in the third quarter last year

Source link: Insurance Journal — https://bit.ly/4k7AcQf