Crop-loss band · Iowa
Floyd County, Iowa — crop-loss band
- 0.77Low end of the filed band
- 1.67Middle of the filed band
- 2.61High end of the filed band
- 2019Worst year filed (3.04)
- 10Years filed
Every year the Risk Management Agency has filed for Floyd 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 0.77 at the low end to 2.61 at the high end, with 1.67 in the middle. The worst year filed is 2019, at 3.04. 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 | $149,977 | $191,470 | $1,940,606 | 66 | 66 | 1.28 |
| 2016 | $289,196 | $639,589 | $4,860,868 | 100 | 100 | 2.21 |
| 2017 | $813,062 | $844,955 | $12,147,990 | 219 | 219 | 1.04 |
| 2018 | $2,126,500 | $4,456,073 | $32,975,214 | 479 | 477 | 2.10 |
| 2019 | $823,183 | $2,503,476 | $12,165,397 | 238 | 237 | 3.04 |
| 2020 | $564,918 | $1,289,032 | $9,420,464 | 145 | 145 | 2.28 |
| 2021 | $1,284,476 | $986,128 | $17,496,057 | 225 | 225 | 0.77 |
| 2022 | $216,255 | $262,928 | $3,268,398 | 52 | 52 | 1.22 |
| 2023 | $7,776,589 | $20,302,362 | $112,516,389 | 898 | 898 | 2.61 |
| 2024 | $5,025,719 | $8,395,152 | $59,217,383 | 681 | 681 | 1.67 |
Commodities insured in Floyd County
2 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.
Corn 10 years filed
- 1.20Low end of the filed band
- 1.85Middle of the filed band
- 2.61High end of the filed band
- 2019Worst year filed (3.43)
- 10Years filed
- $11,470,641Premium filed
- $25,675,365Indemnity paid
- $156,002,312Liability insured
- 176,780Quantity planted
- 172,384Quantity lost
- 1,421Policies
- 1,419Policies with a loss
- 2.24Loss ratio, whole span
Causes that carried the indemnity in Floyd County
- Drought $12,527,911 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $5,478,645 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $4,558,753 indemnity · 9 years
- Decline in Price $2,060,959 indemnity · 8 years
- Cold Wet Weather $294,590 indemnity · 7 years
- Wind/Excess Wind $202,569 indemnity · 6 years
Soybeans 10 years filed
- 0.59Low end of the filed band
- 2.01Middle of the filed band
- 2.63High end of the filed band
- 2016Worst year filed (3.07)
- 10Years filed
- $7,599,234Premium filed
- $14,195,800Indemnity paid
- $110,006,454Liability insured
- 203,554Quantity planted
- 186,474Quantity lost
- 1,682Policies
- 1,681Policies with a loss
- 1.87Loss ratio, whole span
Causes that carried the indemnity in Floyd County
- Drought $6,238,246 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $3,283,045 indemnity · 9 years
- Decline in Price $1,625,184 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $1,373,128 indemnity · 3 years
- Hail $671,568 indemnity · 6 years
- Frost $383,491 indemnity · 2 years
Every county-crop the agency files in Iowa → Buy the Floyd 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.