Price UpdateJun 11, 2026, 08:01 AM
WTW: US Commercial Insurance Rates Up 2.5% in Q1 2026, Moderating
AI Summary
WTW's Commercial Lines Insurance Pricing Survey (CLIPS) reported that U.S. commercial insurance rates increased by 2.5% in the first quarter of 2026. This marks the third consecutive quarter of moderating rate increases, down from 5.3% in Q1 2025. Pricing trends softened across most commercial lines, with Commercial Auto rate increases falling below double digits for the first time since Q3 2023, and Excess/Umbrella Liability also seeing an eased pace of increases.
Key Highlights
- US commercial insurance rates increased 2.5% in Q1 2026.
- This marks the third consecutive quarter of moderating rate increases.
- The Q1 2026 increase is down from 5.3% in Q1 2025.
- Commercial Auto rate increases fell below double digits for the first time since Q3 2023.
- Excess/Umbrella Liability continued to have the highest increases, but the pace eased.
- The survey included 40 insurers, representing approximately 20% of the US commercial insurance market.
Price Impact
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