Ivans Reports Continued Firmness in the Commercial Lines Market
According to the fourth quarter 2025 results of the Ivans Index, premium renewal rates have shown an increase year-over-year across all major commercial lines, with the exception of workers’ compensation.
“The commercial insurance market remains firm overall, though renewal trends suggest it is gradually moving off the peak conditions of recent years,” stated Kathy Hrach, senior vice president of product management at Ivans.
Based in Chicago, Ivans is a technology provider catering to insurance carriers, agents, and managing general agents. The data indicates that the average premium renewal rate has risen in general liability, commercial property, and umbrella insurance when compared to Q3 2025. However, there has been a decline in commercial auto, business owners policy (BOP), and workers’ compensation.
Here are the highlights by line of business, as reported by the Ivans Index:
- Commercial Auto: The average premium renewal rate for Q4 2025 was 6.97%, a decrease from 7.60% in Q3 2025.
- BOP: The premium renewal rate for BOP averaged 7.52% in Q4 2025, peaking at 7.58% in December, down slightly from 7.55% in Q3 2025.
- General Liability: This line saw a significant increase, with the average premium renewal rate rising to 7.23% in Q4 2025 from 5.89% in Q3 2025.
- Commercial Property: The average premium renewal rate reached 8.01% in Q4 2025, with a high of 8.34% in December and a low of 7.61% in October, up from 7.64% in Q3 2025.
- Umbrella: This line experienced a slight increase in average premium renewal rate, rising to 9.49% in Q4 2025 from 8.99% in Q3 2025.
- Workers’ Compensation: The average premium renewal rate changed to -1.61%, a decrease from -1.42% in Q3 2025.
SOURCE: Ivans
Was this article valuable?
Here are more articles you may enjoy.
Interested in Business Insurance?
Get automatic alerts for this topic.
According to the fourth quarter 2025 results of the Ivans Index, premium renewal rates have shown an increase year-over-year across all major commercial lines, with the exception of workers’ compensation.
“The commercial insurance market remains firm overall, though renewal trends suggest it is gradually moving off the peak conditions of recent years,” stated Kathy Hrach, senior vice president of product management at Ivans.
Based in Chicago, Ivans is a technology provider catering to insurance carriers, agents, and managing general agents. The data indicates that the average premium renewal rate has risen in general liability, commercial property, and umbrella insurance when compared to Q3 2025. However, there has been a decline in commercial auto, business owners policy (BOP), and workers’ compensation.
Here are the highlights by line of business, as reported by the Ivans Index:
- Commercial Auto: The average premium renewal rate for Q4 2025 was 6.97%, a decrease from 7.60% in Q3 2025.
- BOP: The premium renewal rate for BOP averaged 7.52% in Q4 2025, peaking at 7.58% in December, down slightly from 7.55% in Q3 2025.
- General Liability: This line saw a significant increase, with the average premium renewal rate rising to 7.23% in Q4 2025 from 5.89% in Q3 2025.
- Commercial Property: The average premium renewal rate reached 8.01% in Q4 2025, with a high of 8.34% in December and a low of 7.61% in October, up from 7.64% in Q3 2025.
- Umbrella: This line experienced a slight increase in average premium renewal rate, rising to 9.49% in Q4 2025 from 8.99% in Q3 2025.
- Workers’ Compensation: The average premium renewal rate changed to -1.61%, a decrease from -1.42% in Q3 2025.
SOURCE: Ivans
Was this article valuable?
Here are more articles you may enjoy.
Interested in Business Insurance?
Get automatic alerts for this topic.
