Crop-loss band · Iowa
Madison County, Iowa — crop-loss band
- 0.85Low end of the filed band
- 1.49Middle of the filed band
- 1.85High end of the filed band
- 2015Worst year filed (2.80)
- 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 0.85 at the low end to 1.85 at the high end, with 1.49 in the middle. The worst year filed is 2015, at 2.80. 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 | $480,822 | $1,348,586 | $4,070,616 | 175 | 175 | 2.80 |
| 2016 | $185,818 | $274,728 | $1,640,128 | 72 | 72 | 1.48 |
| 2017 | $1,105,266 | $1,852,062 | $11,076,357 | 327 | 327 | 1.68 |
| 2018 | $1,216,877 | $1,903,512 | $13,168,303 | 326 | 326 | 1.56 |
| 2019 | $573,972 | $856,297 | $6,057,235 | 189 | 188 | 1.49 |
| 2020 | $174,660 | $322,846 | $1,974,657 | 92 | 92 | 1.85 |
| 2021 | $203,331 | $171,956 | $2,412,793 | 60 | 60 | 0.85 |
| 2022 | $1,918,076 | $3,344,785 | $20,497,158 | 290 | 290 | 1.74 |
| 2023 | $405,556 | $504,043 | $3,626,813 | 159 | 159 | 1.24 |
| 2024 | $560,815 | $640,881 | $7,214,654 | 159 | 159 | 1.14 |
Commodities insured in Madison County
3 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
- 1.01Low end of the filed band
- 1.51Middle of the filed band
- 2.19High end of the filed band
- 2015Worst year filed (2.73)
- 10Years filed
- $4,052,814Premium filed
- $6,850,793Indemnity paid
- $38,557,422Liability insured
- 61,665Quantity planted
- 60,172Quantity lost
- 888Policies
- 888Policies with a loss
- 1.69Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $3,313,333 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $1,714,053 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $545,617 indemnity · 3 years
- Decline in Price $489,734 indemnity · 7 years
- Wind/Excess Wind $453,403 indemnity · 4 years
- Hail $128,650 indemnity · 3 years
Soybeans 10 years filed
- 0.36Low end of the filed band
- 1.41Middle of the filed band
- 2.01High end of the filed band
- 2015Worst year filed (2.95)
- 10Years filed
- $2,521,183Premium filed
- $3,931,324Indemnity paid
- $31,588,830Liability insured
- 64,851Quantity planted
- 57,104Quantity lost
- 752Policies
- 751Policies with a loss
- 1.56Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $1,889,363 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,206,399 indemnity · 10 years
- Decline in Price $420,519 indemnity · 9 years
- ARPI/SCO/STAX/MP Crops Only $153,831 indemnity · 2 years
- Hail $80,999 indemnity · 5 years
- Wildlife $55,860 indemnity · 6 years
Pasture,Rangeland,Forage 8 years filed
- 0.32Low end of the filed band
- 1.58Middle of the filed band
- 2.62High end of the filed band
- 2017Worst year filed (2.62)
- 8Years filed
- $251,196Premium filed
- $437,579Indemnity paid
- $1,592,462Liability insured
- 11,249Quantity planted
- 0Quantity lost
- 209Policies
- 209Policies with a loss
- 1.74Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/STAX/MP Crops Only $437,579 indemnity · 8 years
Every county-crop the agency files in Iowa → 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.