Crop-loss band · Arkansas
Independence County, Arkansas — crop-loss band
- 1.58Low end of the filed band
- 2.75Middle of the filed band
- 3.31High end of the filed band
- 2016Worst year filed (3.66)
- 10Years filed
Every year the Risk Management Agency has filed for Independence County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.58 at the low end to 3.31 at the high end, with 2.75 in the middle. The worst year filed is 2016, at 3.66. The band points are years the county actually ran, never a figure interpolated between two of them.
The county’s year-by-year record
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $574,208 | $1,581,548 | $4,024,957 | 191 | 191 | 2.75 |
| 2016 | $779,666 | $2,855,025 | $5,508,988 | 213 | 213 | 3.66 |
| 2017 | $1,224,012 | $4,045,572 | $7,410,211 | 343 | 342 | 3.31 |
| 2018 | $628,071 | $1,084,111 | $3,975,158 | 260 | 260 | 1.73 |
| 2019 | $1,178,933 | $3,603,805 | $6,507,375 | 342 | 342 | 3.06 |
| 2020 | $807,754 | $2,273,064 | $4,033,068 | 189 | 189 | 2.81 |
| 2021 | $1,111,816 | $2,393,610 | $5,919,514 | 243 | 243 | 2.15 |
| 2022 | $1,451,843 | $4,055,315 | $8,241,647 | 238 | 238 | 2.79 |
| 2023 | $665,475 | $1,312,712 | $4,514,452 | 107 | 107 | 1.97 |
| 2024 | $649,708 | $1,025,236 | $3,413,262 | 99 | 99 | 1.58 |
Commodities insured in Independence County
5 commodities here clear the desk’s floors — at least five filed years and a quarter of a million dollars of filed premium. Each carries its own band, so a reader can read the commodity they actually farm rather than the county average.
Rice 10 years filed
- 1.81Low end of the filed band
- 3.73Middle of the filed band
- 5.98High end of the filed band
- 2016Worst year filed (7.23)
- 10Years filed
- $3,619,403Premium filed
- $13,887,501Indemnity paid
- $20,511,676Liability insured
- 46,663Quantity planted
- 47,435Quantity lost
- 427Policies
- 427Policies with a loss
- 3.84Loss ratio, whole span
Causes that carried the indemnity in Independence County
- Excess Moisture/Precipitation/Rain $11,844,837 indemnity · 10 years
- Heat $866,287 indemnity · 4 years
- Flood $613,798 indemnity · 6 years
- Decline in Price $222,766 indemnity · 4 years
- ARPI/SCO/STAX/MP Crops Only $219,990 indemnity · 3 years
- Wind/Excess Wind $46,229 indemnity · 4 years
Soybeans 10 years filed
- 1.41Low end of the filed band
- 2.12Middle of the filed band
- 2.42High end of the filed band
- 2022Worst year filed (2.86)
- 10Years filed
- $2,301,747Premium filed
- $5,062,818Indemnity paid
- $17,167,363Liability insured
- 78,920Quantity planted
- 59,728Quantity lost
- 667Policies
- 666Policies with a loss
- 2.20Loss ratio, whole span
Causes that carried the indemnity in Independence County
- Excess Moisture/Precipitation/Rain $4,023,629 indemnity · 10 years
- Heat $681,848 indemnity · 7 years
- Decline in Price $142,122 indemnity · 3 years
- Drought $124,331 indemnity · 6 years
- Flood $32,917 indemnity · 2 years
- Failure of Irrigation Supply $20,902 indemnity · 1 years
Corn 10 years filed
- 0.75Low end of the filed band
- 1.59Middle of the filed band
- 2.93High end of the filed band
- 2017Worst year filed (3.01)
- 10Years filed
- $1,430,171Premium filed
- $2,464,757Indemnity paid
- $5,939,502Liability insured
- 21,234Quantity planted
- 18,893Quantity lost
- 242Policies
- 242Policies with a loss
- 1.72Loss ratio, whole span
Causes that carried the indemnity in Independence County
- Excess Moisture/Precipitation/Rain $1,974,780 indemnity · 10 years
- Heat $289,795 indemnity · 1 years
- Cold Wet Weather $174,395 indemnity · 1 years
- Decline in Price $20,763 indemnity · 1 years
- Drought $3,184 indemnity · 1 years
- Frost $1,840 indemnity · 1 years
Pasture,Rangeland,Forage 10 years filed
- 0.31Low end of the filed band
- 1.37Middle of the filed band
- 2.63High end of the filed band
- 2017Worst year filed (2.88)
- 10Years filed
- $1,276,085Premium filed
- $2,152,206Indemnity paid
- $8,797,599Liability insured
- 57,007Quantity planted
- 0Quantity lost
- 782Policies
- 782Policies with a loss
- 1.69Loss ratio, whole span
Causes that carried the indemnity in Independence County
- ARPI/SCO/STAX Crops Only $2,152,206 indemnity · 10 years
Wheat 9 years filed
- 1.21Low end of the filed band
- 1.41Middle of the filed band
- 2.03High end of the filed band
- 2020Worst year filed (2.03)
- 9Years filed
- $444,080Premium filed
- $662,716Indemnity paid
- $1,132,492Liability insured
- 10,196Quantity planted
- 10,196Quantity lost
- 107Policies
- 107Policies with a loss
- 1.49Loss ratio, whole span
Causes that carried the indemnity in Independence County
- Excess Moisture/Precipitation/Rain $590,064 indemnity · 8 years
- Freeze $40,305 indemnity · 1 years
- Drought $25,728 indemnity · 1 years
- Cold Wet Weather $6,620 indemnity · 1 years
Every county-crop the agency files in Arkansas → Buy the Independence County dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, filed by the agency as a United States Government work. The loss ratio is the agency’s own published column: indemnity divided by premium, re-derived at the summed county-crop grain.