Crop-loss band · Iowa
Mills County, Iowa — crop-loss band
- 1.30Low end of the filed band
- 1.93Middle of the filed band
- 2.86High end of the filed band
- 2019Worst year filed (6.20)
- 10Years filed
Every year the Risk Management Agency has filed for Mills 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 1.30 at the low end to 2.86 at the high end, with 1.93 in the middle. The worst year filed is 2019, at 6.20. 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 | $346,455 | $947,113 | $4,013,555 | 137 | 137 | 2.73 |
| 2016 | $664,095 | $1,175,377 | $7,870,074 | 197 | 193 | 1.77 |
| 2017 | $466,591 | $740,537 | $5,477,230 | 128 | 128 | 1.59 |
| 2018 | $1,305,681 | $3,732,756 | $17,964,140 | 372 | 372 | 2.86 |
| 2019 | $939,573 | $5,824,483 | $7,922,008 | 240 | 239 | 6.20 |
| 2020 | $307,425 | $756,072 | $4,093,516 | 103 | 103 | 2.46 |
| 2021 | $47,032 | $85,854 | $577,198 | 13 | 13 | 1.83 |
| 2022 | $1,498,709 | $2,886,245 | $17,630,764 | 183 | 183 | 1.93 |
| 2023 | $3,203,782 | $4,170,632 | $43,878,854 | 354 | 354 | 1.30 |
| 2024 | $666,146 | $1,472,801 | $8,989,541 | 120 | 120 | 2.21 |
Commodities insured in Mills 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
- 1.19Low end of the filed band
- 1.97Middle of the filed band
- 4.03High end of the filed band
- 2019Worst year filed (6.08)
- 10Years filed
- $5,278,127Premium filed
- $11,882,350Indemnity paid
- $64,982,519Liability insured
- 80,142Quantity planted
- 84,166Quantity lost
- 824Policies
- 820Policies with a loss
- 2.25Loss ratio, whole span
Causes that carried the indemnity in Mills County
- Excess Moisture/Precipitation/Rain $3,651,398 indemnity · 8 years
- Drought $3,618,028 indemnity · 7 years
- Flood $2,334,526 indemnity · 4 years
- Decline in Price $963,963 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $728,158 indemnity · 3 years
- Hail $322,622 indemnity · 5 years
Soybeans 10 years filed
- 1.23Low end of the filed band
- 2.32Middle of the filed band
- 3.04High end of the filed band
- 2019Worst year filed (6.41)
- 10Years filed
- $4,167,362Premium filed
- $9,909,520Indemnity paid
- $53,434,361Liability insured
- 101,625Quantity planted
- 102,591Quantity lost
- 1,023Policies
- 1,022Policies with a loss
- 2.38Loss ratio, whole span
Causes that carried the indemnity in Mills County
- Excess Moisture/Precipitation/Rain $3,490,295 indemnity · 9 years
- Drought $2,338,833 indemnity · 7 years
- Flood $2,020,178 indemnity · 4 years
- Decline in Price $1,190,259 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $416,143 indemnity · 3 years
- Hail $306,011 indemnity · 6 years
Every county-crop the agency files in Iowa → Buy the Mills 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.