Month over month, premium renewal rates declined across all commercial lines of business except general liability and workers’ compensation, Ivans announced Thursday.
The finding came from the technology provider’s February 2026 Ivans Index results. Ivans found the general liability renewal rate increased to 7.01% from 6.89% in January, while the workers’ compensation renewal rate rose to -1.43% from -2.17% the month before.
Other premium renewal rate changes by line of business for February 2026:
- Commercial Auto: 5.18%, down from 5.62% in January
- Business Owners Policy (BOP): 6.81%, down slightly from 6.89% in January
- Commercial Property: 7.05%, down from 7.22% in January
- Umbrella: 8.84%, down significantly from 10.47% in January
Ivans also found that year over year, commercial auto, BOP, general liability, commercial property and umbrella experienced increasing average premium renewal rates, while premium renewal rates decreased for workers’ compensation.
Related: Premium Slowdown, Inflation Factors to Lead to Higher P/C Combined Ratio
The Ivans Index is a monthly, data-driven report of current conditions and trends in premium renewal rate changes for the most commonly placed commercial lines of business in the insurance industry.
“Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy,” Ivans said in a press release. “Inclusive of more than 38,000 agencies and 700 carriers and MGAs, the Ivans Index is reflective of the premium rate change trends being experienced by all agencies and insurers across the U.S. insurance market.”
Topics
Trends
Commercial Lines
Workers’ Compensation
Business Insurance
Pricing Trends
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