IVANS®, a division of Applied Systems®, today announced the May results of the IVANS Index™, the insurance industry’s premium renewal rate index. The results showed varied change in premium renewal rates month over month with BOP, General Liability and Commercial Property experiencing an upward turn, and Commercial Auto, Umbrella and Workers’ Compensation experiencing a downtick… Continue reading Commercial Lines Renewals Experience Varied Rate Changes
Tag: commercial lines premiums
Commercial Insurance Pricing Increased in Fourth Quarter 2018
Global commercial insurance pricing increased for the fifth consecutive quarter in the fourth quarter of 2018, according to Marsh’s quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world’s major insurance markets and comprising nearly 90% of Marsh’s premium. Average commercial insurance prices increased by… Continue reading Commercial Insurance Pricing Increased in Fourth Quarter 2018