Ivans Index Q1 2024 Results Released
Milwaukee, WI., April 15, 2024 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q1 2024 Ivans Index™, the insurance industry’s premium renewal rate index.
- Milwaukee, WI., April 15, 2024 (GLOBE NEWSWIRE) -- Ivans ® today announced the results for Q1 2024 Ivans Index™, the insurance industry’s premium renewal rate index.
- Q1 2024 experienced an increase in average premium renewal rate change across all major commercial lines compared to Q4 2023.
- Premium renewal rate change by line of business for Q1 2024 highlights include:
Commercial Auto: Q1 2024 average premium renewal rate averaged 9.09%, an increase compared to Q4 2023’s average premium renewal rate of 8.79%. - Workers’ Compensation: Workers’ Compensation premium renewal rate change averaged -0.88% in Q1 2024, down from Q4 2023 at -0.64%.