July renewal rates up across all commercial lines except Workers’ Comp: Ivans

Ivans, a division of Applied Systems, has released the July 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.

Month over month, General Liability, Umbrella, and Workers’ Compensation experienced increases in premium renewal rates, while Commercial Auto, BOP, and Commercial Property saw decreases.

By line of business, Commercial Auto’s average premium renewal rate was 7.96% in July, down from 8.42% in June.

BOP averaged 7.55%, down from 7.74% the prior month.

General Liability rose to 4.98% from 4.79%.

Commercial Property fell to 7.98% from 8.19% in June.

Umbrella increased to 8.83% from 8.69%.

Workers’ Compensation was -1.48%, up from -1.61% last month.