Ivans Q3 2026 Index: Commercial Renewal Rate Increases Slow

Ivans released its Q3 2026 Ivans Index results, reporting that average premium renewal rate changes decreased quarter over quarter for five of the six major commercial lines of business. Workers compensation was the only line to record a slight increase. Year over year, premium renewal rate changes remained higher across all major lines except workers compensation.

Average premium renewal rate change highlights by line of business for Q3 2026 include the following.

• Commercial auto. Averaged 3.63 percent in Q3, compared to 4.93 percent in Q2. The quarter began at 4.03 percent in July and declined to 3.29 percent in September.
• Businessowners policy. Averaged 5.61 percent for the quarter versus 6.16 percent in Q2. The highest change was 5.94 percent in July, and the lowest was 5.44 percent in August.
• General liability. Averaged 4.12 percent in Q3, down from 5.44 percent in Q2. July posted 4.99 percent, and September posted 3.19 percent.
• Commercial property. Averaged 5.65 percent compared to 6.40 percent in Q2. The quarter began at 6.16 percent in July and ended at 5.11 percent in September.
• Umbrella. Averaged 6.88 percent versus 7.96 percent in Q2. July recorded 7.42 percent, and September recorded 6.40 percent.
• Workers compensation. Averaged -1.17 percent in Q3, compared to -1.37 percent in Q2. July recorded -1.26 percent, and August recorded -1.10 percent.

"Commercial renewal rate change eased across most lines this quarter as the market continues to soften," said Michael Streit, president of Applied Insurer.

Ivans Index is released monthly and analyzes more than 120 million data transactions to measure the premium difference year over year for consistent commercial insurance policies. The index includes data from more than 38,000 agencies and 600 insurers and managing general agents across the United States and is available through Ivans Marketing Insights.