Commercial property insurance rates rose an average of %.54% in Q2 2021, according to IVANS, which is a division of Applied Systems. The second quarter results of 2021 showed premium renewal rate change for all major commercial lines of business increased year over year, except workers' comp. (Illustration: Adobe Stock) Commercial property insurance rates rose an average of 5.54% in Q2 2021, according to IVANS, which is a division of Applied Systems. The second-quarter results of 2021 showed premium renewal rate change for all major commercial lines of business increased year over year, except workers' comp. (Illustration: Adobe Stock)

On average, P&C insurance-industry renewal rates are experiencing a sustained upward trend, according to the Q2 2021 IVANS Index™ released July 21st  by IVANS Insurance Solutions.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.