Year over year, average U.S. commercial premium renewals for May increased in all lines except workers’ compensation, according to the Ivans Index.

However, month over month, commercial auto, business owners policy, general liability, and umbrella saw a decrease, while commercial property and workers’ comp experienced an increase, said Chicago-based Ivans.

May 2026 Premium Renewal Rate Changes by Line of Business

  • Commercial Auto: 4.96%, down from 5.24% last month.
  • BOP: 6.07%, down from 6.43% at the end of April.
  • General Liability: 5.28%, down from 5.70% in April.
  • Commercial Property: 6.71%, up from 6.24% in April.
  • Umbrella: 8.01%, down from 8.27% in April.
  • Workers’ Compensation: -1.31%, up slightly from -1.35% last month.

In its last report, Applied Systems’ Ivans said premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025.

The Ivans Index analyzes more than 120 million data transactions, and includes more than 38,000 agencies and 700 carriers and managing general agents.