Commercial Insurance Premium Renewal Rates Mixed in February 2026
Event summary
- Commercial Auto premium renewal rates fell to 5.18% in February 2026, down from 5.62% in January.
- BOP premium renewal rates slightly decreased to 6.81% from 6.89% month-over-month.
- General Liability and Workers’ Compensation were the only lines with month-over-month increases, at 7.01% and -1.43% respectively.
- Umbrella premium renewal rates saw a significant drop to 8.84% from 10.47% in January.
- The Ivans Index analyzed over 120 million data transactions from 38,000 agencies and 700 carriers/MGAs.
The big picture
The February 2026 Ivans Index results reflect a mixed landscape in commercial insurance premium renewal rates, with most lines experiencing month-over-month declines. This follows broader industry trends of fluctuating rate changes, influenced by factors such as regulatory shifts, economic conditions, and evolving risk profiles. The data underscores the importance of agility for insurers and agencies in adapting to these dynamic market conditions.
What we're watching
- Market Stabilization
- Whether the recent declines in premium renewal rates for most lines signal a broader market stabilization or the start of a downward trend.
- Line-Specific Dynamics
- How the divergent trends in General Liability and Workers’ Compensation will evolve, particularly as they are the only lines with month-over-month increases.
- Industry Adaptation
- The pace at which insurers and agencies adjust their strategies in response to shifting premium renewal rate dynamics across different commercial lines.