Umbrella only line to see premium renewal rate rise in December Ivans Index
Ivans, a division of Applied Systems, has released the January 2026 results of the Ivans Index, showing a year over year increase in average premium renewal rates for 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, all lines of business experienced decreases in premium renewal rate change except Umbrella, which saw an increase.
Commercial Auto’s premium renewal rate change decreased from last month, averaging 5.62% compared to the average premium renewal rate change of 6.46%.
BOP premium renewal rate change decreased to 6.89% from the 7.58% reported at the end of December. Premium renewal rate change for Commercial Property averaged 7.22%, compared to the 8.34% seen the month prior.
General Liability renewal rate change averaged 6.89%, down from December, which was 7.52%, while Workers’ Compensation averaged -2.17%, down from -1.77% the month before.
Average premium renewal rate change for Umbrella experienced a slight increase, to 10.47%, up from 10.07% in December.
The monthly Ivans Index reports data-driven trends in premium rate renewal change for the most placed commercial insurance lines.
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 the US insurance market trends.
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