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Workers’ compensation insurance premium renewals rates have been in a slow downward cycle in recent quarters. (Photo: Shutterstock) Workers’ compensation insurance premium renewals rates have been in a slow downward cycle in recent quarters. (Photo: Shutterstock)

Workers’ compensation is the sole line of commercial insurance products that saw a dip in premium renewal rates, according to the Q1 2018 IVANS Index released earlier this month by IVANS, a division of Applied Systems.

The IVANS Index is a data-driven monthly and quarterly report that forecasts current insurance business conditions and trends based on analysis of more than 120 million data transactions from more than 30,000 agencies and 380 insurers and MGAs.

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