Most insurance renewal rate hikes slow: IvansMost commercial insurance renewal rate increases slowed in July, with commercial auto seeing the largest slowdown, according to a report Tuesday from Ivans Insurance Services, a unit of Applied Systems. Commercial auto renewal rates rose 4.03%, down from 4.58% in June, according to the Ivans Index. Business owners policy renewal rates rose 5.94%, down from 5.97% in June; general liability rates increased 4.99%, down from 5.33%; and commercial property rates rose 6.16%, down from 6.24%. Umbrella renewal rates increased 7.42%, the highest among the lines tracked, but slowed from 7.60% in June. Workers compensation was the only line to show a decrease, with renewal rates falling 1.26% in July, compared with a 1.45% decline in June.