Crop-loss band · Arkansas
Phillips County, Arkansas — crop-loss band
- 2.17Low end of the filed band
- 2.35Middle of the filed band
- 2.69High end of the filed band
- 2024Worst year filed (2.75)
- 10Years filed
Every year the Risk Management Agency has filed for Phillips County is in the series below, from 2015 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 2.17 at the low end to 2.69 at the high end, with 2.35 in the middle. The worst year filed is 2024, at 2.75. 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 | $3,856,926 | $9,056,976 | $28,741,759 | 474 | 471 | 2.35 |
| 2016 | $4,151,782 | $10,684,568 | $31,764,187 | 439 | 429 | 2.57 |
| 2017 | $3,811,131 | $8,254,970 | $25,820,989 | 290 | 287 | 2.17 |
| 2018 | $4,096,211 | $9,100,875 | $35,333,868 | 389 | 384 | 2.22 |
| 2019 | $7,029,464 | $15,760,613 | $51,325,833 | 713 | 708 | 2.24 |
| 2020 | $5,241,849 | $14,109,471 | $40,048,799 | 544 | 524 | 2.69 |
| 2021 | $5,863,940 | $13,953,192 | $54,363,244 | 511 | 508 | 2.38 |
| 2022 | $9,765,233 | $25,503,701 | $67,619,872 | 477 | 477 | 2.61 |
| 2023 | $7,303,368 | $16,185,330 | $58,073,909 | 495 | 495 | 2.22 |
| 2024 | $8,252,467 | $22,686,963 | $57,906,446 | 508 | 508 | 2.75 |
Commodities insured in Phillips County
6 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.
Soybeans 10 years filed
- 1.33Low end of the filed band
- 2.00Middle of the filed band
- 2.28High end of the filed band
- 2024Worst year filed (2.73)
- 10Years filed
- $23,307,259Premium filed
- $47,343,899Indemnity paid
- $225,253,537Liability insured
- 727,338Quantity planted
- 546,807Quantity lost
- 2,508Policies
- 2,506Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Excess Moisture/Precipitation/Rain $23,773,932 indemnity · 10 years
- Heat $19,127,094 indemnity · 9 years
- Drought $1,654,426 indemnity · 7 years
- Decline in Price $901,471 indemnity · 7 years
- Flood $526,878 indemnity · 7 years
- Hot Wind $454,570 indemnity · 5 years
Corn 10 years filed
- 2.01Low end of the filed band
- 2.48Middle of the filed band
- 2.91High end of the filed band
- 2015Worst year filed (3.21)
- 10Years filed
- $15,157,967Premium filed
- $38,358,822Indemnity paid
- $104,339,278Liability insured
- 338,169Quantity planted
- 313,818Quantity lost
- 957Policies
- 957Policies with a loss
- 2.53Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Excess Moisture/Precipitation/Rain $32,955,559 indemnity · 10 years
- Heat $3,440,569 indemnity · 8 years
- Wind/Excess Wind $703,068 indemnity · 5 years
- Cold Wet Weather $358,564 indemnity · 5 years
- Flood $220,493 indemnity · 2 years
- Drought $198,128 indemnity · 4 years
Cotton 10 years filed
- 1.57Low end of the filed band
- 2.78Middle of the filed band
- 3.09High end of the filed band
- 2016Worst year filed (4.03)
- 10Years filed
- $12,610,228Premium filed
- $34,831,818Indemnity paid
- $68,951,708Liability insured
- 98,417Quantity planted
- 156,685Quantity lost
- 191Policies
- 191Policies with a loss
- 2.76Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Heat $15,495,196 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $10,022,778 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $7,874,009 indemnity · 6 years
- Wind/Excess Wind $840,244 indemnity · 2 years
- Flood $235,896 indemnity · 2 years
- Drought $204,739 indemnity · 1 years
Rice 10 years filed
- 2.46Low end of the filed band
- 4.43Middle of the filed band
- 5.52High end of the filed band
- 2021Worst year filed (6.34)
- 10Years filed
- $3,618,389Premium filed
- $14,850,926Indemnity paid
- $33,153,168Liability insured
- 60,425Quantity planted
- 51,893Quantity lost
- 581Policies
- 535Policies with a loss
- 4.10Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Excess Moisture/Precipitation/Rain $7,988,623 indemnity · 10 years
- Wind/Excess Wind $4,025,429 indemnity · 10 years
- Heat $2,226,376 indemnity · 7 years
- Decline in Price $374,310 indemnity · 3 years
- Flood $142,915 indemnity · 2 years
- Cold Wet Weather $46,752 indemnity · 2 years
Wheat 10 years filed
- 1.48Low end of the filed band
- 1.75Middle of the filed band
- 2.28High end of the filed band
- 2024Worst year filed (3.31)
- 10Years filed
- $3,777,290Premium filed
- $7,855,137Indemnity paid
- $14,204,890Liability insured
- 92,613Quantity planted
- 92,814Quantity lost
- 380Policies
- 380Policies with a loss
- 2.08Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Excess Moisture/Precipitation/Rain $5,305,958 indemnity · 10 years
- Drought $1,401,411 indemnity · 3 years
- Wildlife $583,247 indemnity · 5 years
- Cold Wet Weather $420,684 indemnity · 5 years
- Decline in Price $67,805 indemnity · 1 years
- Freeze $28,536 indemnity · 2 years
Grain Sorghum 10 years filed
- 1.63Low end of the filed band
- 2.69Middle of the filed band
- 3.02High end of the filed band
- 2016Worst year filed (4.04)
- 10Years filed
- $901,238Premium filed
- $2,056,057Indemnity paid
- $5,096,325Liability insured
- 27,624Quantity planted
- 24,721Quantity lost
- 223Policies
- 222Policies with a loss
- 2.28Loss ratio, whole span
Causes that carried the indemnity in Phillips County
- Excess Moisture/Precipitation/Rain $1,282,697 indemnity · 10 years
- Heat $578,171 indemnity · 2 years
- Drought $138,941 indemnity · 1 years
- Flood $50,588 indemnity · 2 years
- Inability to Prepare Land for Irrigation $3,794 indemnity · 1 years
- Decline in Price $1,761 indemnity · 1 years
Every county-crop the agency files in Arkansas → Buy the Phillips 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.