Ivans Index Shows 5 of 6 Commercial Lines Eased in Q2 as Umbrella Fell to 7.96%
Updated
Updated · Insurance Business · Jul 17
Ivans Index Shows 5 of 6 Commercial Lines Eased in Q2 as Umbrella Fell to 7.96%
2 articles · Updated · Insurance Business · Jul 17
Summary
Q2 2026 commercial insurance renewal rates softened across five of six major lines, extending a pricing cooldown that has been building since late 2025.
Umbrella posted the sharpest quarterly drop, falling to 7.96% from 9.36%, while still remaining the highest-rated line in the Ivans Index.
Commercial auto slowed to 4.93%, BOP to 6.16%, general liability to 5.44% and commercial property to 6.40%; only general liability stayed above its Q2 2025 average.
Workers' compensation was the lone line to rise quarter over quarter, improving to -1.37% from -1.73% but staying negative as carrier profitability remained strong, with NCCI's 2025 combined ratio at 91%.
The Q2 data follows CIAB's report that average commercial premiums fell 1.2% in Q1, ending a 33-quarter run of increases and reinforcing expectations of a softer market into Q3 renewals.