Ivans, a division of Applied Systems, has released the May 2026 results of the Ivans Index, showing that average premium renewal rates across nearly all major commercial lines of business declined month over month, except Property and Workers’ Compensation, which saw modest increases.
Year over year, average premium renewal rates increased across all lines of business except Workers’ Compensation.
By line of business, Commercial Auto’s average premium renewal rate was 4.96% in May 2026, down from 5.24% in April.
BOP averaged 6.07%, down from 6.43% at the end of April.
General Liability was 5.28% in May, down from 5.70% the previous month.
Umbrella was 8.01%, down from 8.27% in April.
Meanwhile, the Commercial Property premium renewal rate increased to 6.71% from 6.24% in April.
Workers’ Compensation also saw a modest increase, rising to -1.31% from -1.35% the previous month.
