Milwaukee, WI., June 05, 2025 (GLOBE NEWSWIRE) — Ivans® today announced the May 2025 results of the Ivans Index™, the insurance industry’s premium renewal rate index. Year over year, Commercial Auto, BOP, General Liability, Commercial Property and Umbrella experienced increasing average premium renewal rates, while premium renewal rates decreased for Workers’ Compensation. Month over month, Commercial Auto, General Liability, and Commercial Property experienced increases in premium renewal rate change, while BOP, Umbrella, and Workers’ Compensation saw a decrease.
Premium renewal rate change by line of business for May 2025 highlights include:
- Commercial Auto: 8.45%, up slightly from 8.41% last month.
- BOP: 7.89%, down slightly from 7.98% at the …