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Ivans Index November 2022 Results Released

December 15, 2022

Average premium renewal rates for nearly all major commercial lines of business remain up year over year while month-over-month rates experience continued variability

TAMPA, Fla. – December 15, 2022 - Ivans® today announced the November 2022 results of the Ivans Index™, the insurance industry’s premium renewal rate index. Year over year, all lines of business, except Workers’ Compensation, experienced an increase in average premium renewal rate. Business Owners Policy (BOP) and Commercial Property remain the highest premium renewal rate increases year over year. Month over month, Commercial Auto, General Liability, Commercial Property and Umbrella saw increases in premium renewal rate change, while BOP and Workers' Compensation experienced decreases.

Premium renewal rate change by line of business for November 2022 highlights include:

  • Commercial Auto: 5.62%, up from 5.12% last month.
  • BOP: 6.66%, down from 7.15%, at the end of October.
  • General Liability: 5.51%, up from 5.24% the month prior.
  • Commercial Property: 7.92%, up from 7.55% in October.
  • Umbrella: 5.04%, up from 4.44% the month prior.
  • Workers’ Compensation: -1.77%, down from -1.01% last month.

Released monthly, Ivans Index is a data-driven report of current conditions and trends for premium rate renewal change of the most placed commercial lines of business in the insurance industry. Analyzing more than 120 million data transactions, the Ivans Index premium renewal rate change measures the premium difference year over year for a single consistent policy. Inclusive of more than 34,000 agencies and 450 insurers and MGAs, the Ivans Index is reflective of the premium rate change trends being experienced by all agencies and insurers across the U.S. insurance market. Ivans Index is available to agencies and insurers as part of Market Insights at


Download the complete Q3 Ivans Index report.


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About Ivans
Ivans is where insurance carriers, agents, and MGAs come together to grow their businesses. Every day, our 34,000 agents and 450 carrier partners plug into technology that empowers them to better determine appetite and eligibility, swiftly produce quotes, get accurate claims and commission updates, automatically communicate policy data, and connect to one another to drive new business. With easier ways to get the day’s work done, insurance professionals can open the door to more revenue without letting complexity in behind it.

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