Crop-loss band · Iowa
Poweshiek County, Iowa — crop-loss band
- 1.84Low end of the filed band
- 2.44Middle of the filed band
- 3.24High end of the filed band
- 2020Worst year filed (7.19)
- 10Years filed
Every year the Risk Management Agency has filed for Poweshiek 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 1.84 at the low end to 3.24 at the high end, with 2.44 in the middle. The worst year filed is 2020, at 7.19. 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 | $311,853 | $737,548 | $5,653,292 | 129 | 129 | 2.37 |
| 2016 | $109,567 | $355,521 | $2,294,413 | 44 | 44 | 3.24 |
| 2017 | $300,029 | $722,998 | $5,338,751 | 80 | 80 | 2.41 |
| 2018 | $831,901 | $2,292,968 | $16,791,528 | 273 | 271 | 2.76 |
| 2019 | $1,091,825 | $3,087,016 | $23,477,143 | 346 | 341 | 2.83 |
| 2020 | $3,214,720 | $23,111,615 | $82,242,257 | 831 | 831 | 7.19 |
| 2021 | $301,096 | $868,773 | $4,648,653 | 59 | 59 | 2.89 |
| 2022 | $1,670,609 | $3,264,625 | $25,581,582 | 232 | 232 | 1.95 |
| 2023 | $3,685,225 | $6,783,418 | $65,271,811 | 448 | 448 | 1.84 |
| 2024 | $897,661 | $2,186,850 | $16,641,780 | 234 | 234 | 2.44 |
Commodities insured in Poweshiek 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
- 1.79Low end of the filed band
- 2.67Middle of the filed band
- 5.08High end of the filed band
- 2020Worst year filed (7.65)
- 10Years filed
- $9,393,124Premium filed
- $35,949,930Indemnity paid
- $185,192,576Liability insured
- 227,491Quantity planted
- 232,214Quantity lost
- 1,647Policies
- 1,644Policies with a loss
- 3.83Loss ratio, whole span
Causes that carried the indemnity in Poweshiek County
- Wind/Excess Wind $19,664,071 indemnity · 9 years
- Drought $8,812,671 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,982,277 indemnity · 9 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $1,822,280 indemnity · 4 years
- Decline in Price $1,561,772 indemnity · 9 years
- Flood $909,854 indemnity · 3 years
Soybeans 10 years filed
- 2.11Low end of the filed band
- 2.52Middle of the filed band
- 3.08High end of the filed band
- 2016Worst year filed (3.12)
- 10Years filed
- $3,021,362Premium filed
- $7,461,402Indemnity paid
- $62,748,634Liability insured
- 116,505Quantity planted
- 114,212Quantity lost
- 1,029Policies
- 1,025Policies with a loss
- 2.47Loss ratio, whole span
Causes that carried the indemnity in Poweshiek County
- Drought $2,766,344 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,603,487 indemnity · 9 years
- Decline in Price $889,166 indemnity · 7 years
- Wind/Excess Wind $332,121 indemnity · 3 years
- Hail $245,109 indemnity · 5 years
- Flood $135,703 indemnity · 4 years
Every county-crop the agency files in Iowa → Buy the Poweshiek 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.