Renewal rates up YoY across nearly all major commercial lines in October: Ivans

Ivans, a division of Applied Systems, has released the October 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year across all major commercial lines of business except Workers’ Compensation.

However, month over month, renewal rates showed continued variability, with BOP, General Liability, Commercial Property, and Umbrella experiencing increases, while Commercial Auto and Workers’ Compensation saw decreases.

By line of business, Commercial Auto’s average premium renewal rate was 7.57%, down from 7.65% at the end of September.

BOP was 7.51%, up from 7.46% last month, and General Liability increased to 7.04% from 6.78%.

Commercial Property and Umbrella also saw increases. Commercial Property was 7.61%, up from 7.11% in September, and Umbrella was 9.22%, up from 9.12%.

Workers’ Compensation’s average premium renewal rate was -1.53%, down from -1.32% last month.

Year over year, average premium renewal rates increased across all major commercial lines except Workers’ Compensation. However, quarter-over-quarter, most lines of business saw a decrease in the average rate change.