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

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
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.