IVANS®, a division of Applied Systems®, today announced the May 2021 results of the IVANS Index™, the insurance industry’s premium renewal rate index. Year over year, nearly all lines of business experienced an increase in average premium renewal rate, except Workers’ Compensation, which remained negative. Month over month, premium renewal rates for lines of business… Continue reading Year Over Year Average Commercial Renewal Rates Up: IVANS
Tag: commercial lines renewal rates
Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines Products
IVANS®, a division of Applied Systems®, today announced the results for Q4 and year-end 2020 IVANS Index™, the insurance industry’s premium renewal rate index. Q4 results showed an increase in the premium renewal rate change average across General Liability, Commercial Property, Umbrella and Workers’ Compensation compared to Q3; however, Workers’ Compensation average premium renewal rate… Continue reading Renewal Rates Experience Uptick Across Nearly All Major Commercial Lines Products