BOP rate increases slow in November while commercial auto, property accelerate: Ivans
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BOP rate increases slow in November while commercial auto, property accelerate: Ivans

Kyoung-son Song
December 15, 2022
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Rate increases for business owners’ policy (BOP) decelerated, while rates accelerated for most other major commercial lines during the same period, according to Ivans pricing data.

The BOP rate change was 6.66% in November, down from 7.15% in October.

Year-on-year rate increases were largest in commercial property, which saw a 7.92%

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Kyoung-son Song
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