Crop-loss band · Iowa
Shelby County, Iowa — crop-loss band
- 0.97Low end of the filed band
- 1.94Middle of the filed band
- 3.22High end of the filed band
- 2018Worst year filed (3.76)
- 10Years filed
Every year the Risk Management Agency has filed for Shelby 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 0.97 at the low end to 3.22 at the high end, with 1.94 in the middle. The worst year filed is 2018, at 3.76. 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 | $119,162 | $225,394 | $2,054,107 | 34 | 34 | 1.89 |
| 2016 | $254,918 | $300,124 | $5,733,536 | 93 | 93 | 1.18 |
| 2017 | $250,637 | $485,034 | $4,510,001 | 91 | 91 | 1.94 |
| 2018 | $2,320,253 | $8,725,622 | $52,446,710 | 675 | 675 | 3.76 |
| 2019 | $106,807 | $344,194 | $2,271,819 | 37 | 37 | 3.22 |
| 2020 | $1,351,627 | $3,673,744 | $29,205,245 | 379 | 378 | 2.72 |
| 2021 | $60,214 | $76,764 | $1,060,359 | 17 | 17 | 1.27 |
| 2022 | $837,815 | $1,661,670 | $12,535,705 | 122 | 122 | 1.98 |
| 2023 | $11,150,558 | $34,519,299 | $214,890,287 | 1,462 | 1,462 | 3.10 |
| 2024 | $2,218,989 | $2,155,753 | $27,869,662 | 319 | 319 | 0.97 |
Commodities insured in Shelby 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
- 0.88Low end of the filed band
- 2.38Middle of the filed band
- 3.26High end of the filed band
- 2018Worst year filed (4.58)
- 10Years filed
- $13,449,977Premium filed
- $39,885,849Indemnity paid
- $247,913,644Liability insured
- 255,822Quantity planted
- 258,036Quantity lost
- 1,854Policies
- 1,853Policies with a loss
- 2.97Loss ratio, whole span
Causes that carried the indemnity in Shelby County
- Drought $24,422,331 indemnity · 7 years
- Decline in Price $6,622,278 indemnity · 7 years
- Wind/Excess Wind $5,851,568 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,710,454 indemnity · 2 years
- Excess Moisture/Precipitation/Rain $738,966 indemnity · 7 years
- Hail $311,370 indemnity · 5 years
Soybeans 10 years filed
- 1.22Low end of the filed band
- 1.55Middle of the filed band
- 3.05High end of the filed band
- 2019Worst year filed (3.15)
- 10Years filed
- $5,221,003Premium filed
- $12,281,749Indemnity paid
- $104,663,787Liability insured
- 166,935Quantity planted
- 163,727Quantity lost
- 1,375Policies
- 1,375Policies with a loss
- 2.35Loss ratio, whole span
Causes that carried the indemnity in Shelby County
- Drought $8,553,418 indemnity · 7 years
- Decline in Price $1,795,127 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $649,359 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $483,995 indemnity · 2 years
- Hail $451,564 indemnity · 8 years
- Wind/Excess Wind $211,704 indemnity · 2 years
Every county-crop the agency files in Iowa → Buy the Shelby 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.