Commercial Insurance Premiums Dip Month-Over-Month in January 2026
Event summary
- Commercial Auto premium renewal rates fell to 5.62% in January 2026, down from 6.46% in December 2025.
- BOP and General Liability premium renewal rates both declined to 6.89% from 7.58% and 7.52% respectively.
- Commercial Property premium renewal rates dropped to 7.22% from 8.34% month-over-month.
- Umbrella premium renewal rates increased to 10.47% from 10.07%, the only line of business to see a rise.
- Workers’ Compensation premium renewal rates decreased further to -2.17% from -1.77%.
The big picture
The January 2026 Ivans Index results reflect a mixed landscape for commercial insurance premiums, with most lines experiencing month-over-month declines. This follows a year-over-year trend of increasing premiums, suggesting potential shifts in market dynamics. The data, drawn from over 120 million transactions involving 38,000 agencies and 700 carriers, highlights the need for insurers to adapt to evolving risk profiles and economic pressures.
What we're watching
- Market Stabilization
- Whether the month-over-month declines in premium renewal rates signal a broader market stabilization or the beginning of a downward trend.
- Line-Specific Dynamics
- How the divergent performance of Umbrella policies compared to other lines will affect insurer strategies.
- Economic Indicators
- The pace at which economic conditions will influence premium renewal rates across different commercial insurance lines.