Commercial Insurance Premiums Fall 2% in Q2 as Property Rates Drop 6.3%

1 articles · Updated · Insurance Journal · Aug 20

CIAB’s Q2 2026 survey showed average commercial insurance premiums fell 2% across all accounts, extending the broad declines that first appeared in Q1.
commercial property led the drop with a 6.3% decline, driven by carriers offsetting increases sought in other lines and by excess capacity—75% of respondents reported more property capacity.
Large accounts posted the steepest overall decline at 3.7%, while medium accounts fell 1.9% and small accounts slipped 0.5%.
Ten lines recorded lower premiums, including cyber and workers compensation, both down 3.2%, but umbrella rose 5.3% and commercial auto increased 4.5%.
The mixed pricing points to a softening market overall, though umbrella remained under pressure with its 35th straight quarterly increase.