Ivans has released the October 2025 results of its Ivans Index, providing a snapshot of premium renewal trends across key commercial insurance lines.
The data highlights rising rates for most coverages, while workers' compensation continues to face downward pressure, reflecting ongoing market dynamics.
Year over year, renewal rates increased for commercial auto, business owner's policy (BOP), general liability, commercial property and umbrella policies. Workers' compensation remained negative, signaling persistent rate challenges.
Month over month, BOP, general liability, commercial property and umbrella saw higher renewal rate changes, while commercial auto and workers' compensation experienced slight declines. October figures showed commercial auto at 7.57%, down from 7.65% in September; BOP at 7.51%, up from 7.46%; general liability at 7.04%, up from 6.78%; commercial property at 7.61%, up from 7.11%; umbrella at 9.22%, up from 9.12%; and workers’ compensation at -1.53%, down from -1.32%.
The Ivans Index is based on more than 120 million transactions from over 38,000 agencies and 700 carriers and MGAs, measuring year-over-year premium differences for consistent policies. It offers insurers and brokers a real-time view of pricing trends in the US commercial insurance market, supporting underwriting decisions, risk management and competitive positioning.
The broader US commercial insurance market has been shaped by sustained claims inflation, higher reinsurance costs, and capacity adjustments in certain lines. Property and casualty carriers continue to push rate increases where losses have surged, particularly in general liability, commercial property, and umbrella, while competitive pressures and regulatory changes weigh on workers’ compensation. The Ivans Index confirms these patterns, showing that insurers are maintaining disciplined pricing strategies in response to market conditions, and highlighting opportunities for carriers to optimize portfolio performance.
In October, the company also introduced a new data-driven pricing intelligence tool that will provide insurers with a clearer view of market pricing trends. The tool, called Benchmarks, aggregates bound policy data from across the market to provide insurers with a real-world picture of premium movements.
