Ivans, a division of Applied Systems, has released the October 2026 results of the Ivans Index, indicating a year-over-year increase in average premium renewal rates across Commercial Auto, Business Owner’s Policy (BOP), General Liability, Commercial Property, and Umbrella.
Conversely, Workers’ Compensation experienced a decrease in premium renewal rates during the same period.
Month over month, however, Commercial Auto, BOP, General Liability, Umbrella, and Workers’ Compensation experienced a decrease, while Commercial Property experienced an increase.
For Commercial Auto, premium renewal rate decreased slightly to 2.80%, down from 3.29% at the end of September. BOP went down to 5.21% from 5.45% last month.
General Liability fell to 3.10%, down slightly from 3.19% in September, while Commercial Property increased to 5.37%, up from 5.11% last month.
Average premium renewal rate for Umbrella dropped to 6.08% from 6.40% in September. Workers’ Compensation continued to contract, falling further to -1.45% from -1.14% last month.
The monthly Ivans Index reports data-driven trends in premium rate renewal change for the most placed commercial insurance lines of business in the insurance industry.
Analysing over 120 million data transactions from more than 38,000 agencies and 700 carriers/MGAs, it measures the year-over-year premium difference for a single consistent policy, reflecting US insurance market trends.
