Commercial auto, GL and umbrella premium renewal rates accelerate in Q2: Ivans
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Commercial auto, GL and umbrella premium renewal rates accelerate in Q2: Ivans

Jairo Ibarra
July 22, 2021
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Rate rises across commercial auto, general liability (GL) and umbrella all accelerated sequentially from the first quarter, according to Ivans, running counter to the broader sector narrative and other data points, which suggest increases are tapering down.

Commercial auto premium renewal rate increases averaged 4.51%, up from 4.24% in the first quarter of 2021, while general liability accounts renewed with 3.95%

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Jairo Ibarra
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