Article ID: 6e4e105c4c5d6847df0f6596c0f2f6135e2ef3b9e1f358c44e5812fe1d859e17
Source ID: secondary:businessinsurance.com
Published At: -
Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/all-lines-except-comp-show-drop-in-q2-renewal-rate-changes-ivans/
Body Text
All lines except comp show drop in Q2 renewal rate changes: Ivans - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers All lines except comp show drop in Q2 renewal rate changes: Ivans by Matthew Lerner Auto liability , General liability , P/C Insurers , P/C Pricing , Property , Workers Comp Coverage Jul 16, 2026 Second-quarter premium renewal rate changes for all major commercial lines of business decreased compared with the first quarter, except workers compensation, which saw a slight increase, according to the Ivans Index on Thursday. For umbrella coverage, the average premium renewal rate change dropped to 7.96% from 9.36% in the first quarter. The highest rate change of the quarter was in April at 8.27%, and the lowest in June at 7.60%. The commercial property premium renewal rate change averaged 6.40% in the second quarter, down from 6.83% in the first quarter. The quarter high was 6.71% in May and the low was 6.24% in both April and June. Business owner’s policy coverage saw a second-quarter average premium renewal rate change of 6.16%, down from 6.74% in the first quarter. The rate change was highest in April at 6.43% and lowest in June at 5.97%. General liability had a second-quarter premium renewal rate change of 5.44%, down from 6.85% in the first quarter. The highest rate change of 5.70% was in April and the lowest in May at 5.28%. In commercial auto, the second-quarter premium renewal rate change averaged 4.93%, down from 5.28% in the first quarter. April had the highest rate change of the quarter, averaging 5.24%, and June the lowest, averaging 4.58%. The workers comp second-quarter premium renewal rate change averaged -1.37%, up from -1.73% in the first quarter. The highest renewal rate change was in May, averaging -1.31%, and the lowest was -1.45% in June. “Renewal rates across most commercial lines continued to soften in the second quarter, extending a trend we’ve seen build over the past year,” Michael Streit, president of Applied Systems Carrier, said in a statement. The Ivans Index analyzes more than 120 million data transactions from more than 38,000 agencies and 700 insurers and MGAs. Ivans is an Applied Systems company. Related News Appeals court revives nurse’s hostile work environment claims July 16, 2026 AI unlocks more copyright fears July 16, 2026 California tightens eligibility for subsequent injury benefits fund July 16, 2026 The Hanover’s Roche to retire, Lavey to succeed as CEO July 16, 2026 Iran ‘urging’ Yemen’s Houthis to close Red Sea gateway July 16, 2026 First-half insured cat losses down nearly 50%: Gallagher Re July 16, 2026 Data leak raises safety risks at India’s largest nuclear plant July 16, 2026 Toxic acid spill shuts Antwerp-Bruges terminals July 16, 2026 Storms cause more than $700M in insured losses July 16, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
Metadata (JSON)
{
"score": 13.28
}