Crop-loss band · Florida
Madison County, Florida — crop-loss band
- 0.69Low end of the filed band
- 2.04Middle of the filed band
- 4.95High end of the filed band
- 2020Worst year filed (6.44)
- 10Years filed
Every year the Risk Management Agency has filed for Madison 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 0.69 at the low end to 4.95 at the high end, with 2.04 in the middle. The worst year filed is 2020, at 6.44. 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 | $111,140 | $76,822 | $993,863 | 19 | 19 | 0.69 |
| 2016 | $21,725 | $21,723 | $128,328 | 9 | 9 | 1.00 |
| 2017 | $69,023 | $140,767 | $275,024 | 9 | 9 | 2.04 |
| 2018 | $46,770 | $83,293 | $386,705 | 9 | 9 | 1.78 |
| 2019 | $44,330 | $84,104 | $255,822 | 22 | 22 | 1.90 |
| 2020 | $99,172 | $638,571 | $1,107,550 | 21 | 21 | 6.44 |
| 2021 | $96,483 | $338,484 | $614,207 | 17 | 17 | 3.51 |
| 2022 | $302,744 | $883,587 | $1,883,217 | 27 | 27 | 2.92 |
| 2023 | $948,080 | $4,690,260 | $5,774,287 | 44 | 44 | 4.95 |
| 2024 | $996,651 | $3,927,808 | $4,664,892 | 81 | 81 | 3.94 |
Commodities insured in Madison County
4 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.
Peanuts 6 years filed
- 4.46Low end of the filed band
- 6.44Middle of the filed band
- 14.66High end of the filed band
- 2020Worst year filed (14.66)
- 6Years filed
- $1,215,932Premium filed
- $6,719,556Indemnity paid
- $8,122,706Liability insured
- 2,797Quantity planted
- 2,724Quantity lost
- 44Policies
- 44Policies with a loss
- 5.53Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Hurricane/Tropical Depression $3,303,417 indemnity · 1 years
- Hurricane $2,718,308 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $346,193 indemnity · 6 years
- Heat $252,958 indemnity · 1 years
- Drought $62,210 indemnity · 3 years
- Wildlife $36,422 indemnity · 1 years
Cotton 9 years filed
- 0.81Low end of the filed band
- 3.76Middle of the filed band
- 5.02High end of the filed band
- 2021Worst year filed (5.02)
- 9Years filed
- $722,667Premium filed
- $2,428,395Indemnity paid
- $3,621,872Liability insured
- 5,534Quantity planted
- 10,057Quantity lost
- 56Policies
- 56Policies with a loss
- 3.36Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Hurricane/Tropical Depression $738,098 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $657,976 indemnity · 6 years
- Hurricane $430,357 indemnity · 1 years
- Excess Moisture/Precipitation/Rain $422,085 indemnity · 5 years
- Drought $88,766 indemnity · 4 years
- Wildlife $60,873 indemnity · 2 years
Corn 7 years filed
- 0.92Low end of the filed band
- 3.01Middle of the filed band
- 13.87High end of the filed band
- 2020Worst year filed (13.87)
- 7Years filed
- $402,893Premium filed
- $1,388,857Indemnity paid
- $2,126,965Liability insured
- 2,297Quantity planted
- 2,297Quantity lost
- 46Policies
- 46Policies with a loss
- 3.45Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $836,712 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $309,879 indemnity · 2 years
- Hurricane/Tropical Depression $80,905 indemnity · 2 years
- Drought $80,630 indemnity · 4 years
- Hurricane $40,346 indemnity · 1 years
- Wind/Excess Wind $27,020 indemnity · 1 years
Pasture,Rangeland,Forage 10 years filed
- 0.32Low end of the filed band
- 0.73Middle of the filed band
- 1.49High end of the filed band
- 2022Worst year filed (1.84)
- 10Years filed
- $394,626Premium filed
- $348,611Indemnity paid
- $2,212,352Liability insured
- 12,864Quantity planted
- 0Quantity lost
- 112Policies
- 112Policies with a loss
- 0.88Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/STAX Crops Only $348,611 indemnity · 10 years
Every county-crop the agency files in Florida → Buy the Madison 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.