Baldwin Group reports commercial property insurance pricing falls 8% in Q3 2026
BWIN•The Baldwin Group’s Q3 2026 Market Pulse report showed commercial property insurance pricing fell 8%, its sixth consecutive quarterly decline. Commercial auto pricing rose 2.9%, general liability 3.5%, umbrella 5.6% and cyber 2%.
1. Insurance pricing trends
The Baldwin Group’s Q3 2026 Market Pulse report showed commercial property pricing fell 8%, compared with an 8.1% decline in Q2, marking its sixth consecutive quarterly decline. Commercial auto pricing rose 2.9%, its lowest increase since the index began in Q3 2021, while general liability pricing increased 3.5%.
2. Coverage outlook
Umbrella pricing rose 5.6%, up from 5% in Q2, and cyber pricing increased 2%, its highest reading since early 2023, compared with 0.4% in Q2. The report said property softening is expected to continue into Q4, while high-hazard and litigation-exposed casualty risks face little relief.
