Crop-loss band · Iowa
Union County, Iowa — crop-loss band
- 0.74Low end of the filed band
- 1.82Middle of the filed band
- 2.64High end of the filed band
- 2018Worst year filed (2.71)
- 10Years filed
Every year the Risk Management Agency has filed for Union 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 0.74 at the low end to 2.64 at the high end, with 1.82 in the middle. The worst year filed is 2018, at 2.71. 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 | $1,498,057 | $3,955,908 | $12,357,047 | 356 | 356 | 2.64 |
| 2016 | $396,973 | $405,866 | $3,349,576 | 72 | 72 | 1.02 |
| 2017 | $2,186,040 | $5,145,412 | $20,141,539 | 406 | 406 | 2.35 |
| 2018 | $1,083,425 | $2,935,581 | $10,366,644 | 185 | 185 | 2.71 |
| 2019 | $1,124,452 | $2,724,897 | $9,368,772 | 237 | 237 | 2.42 |
| 2020 | $403,837 | $677,782 | $4,115,382 | 78 | 78 | 1.68 |
| 2021 | $364,017 | $338,457 | $3,622,631 | 56 | 56 | 0.93 |
| 2022 | $3,257,765 | $6,329,239 | $33,302,084 | 432 | 432 | 1.94 |
| 2023 | $230,045 | $419,333 | $2,475,218 | 68 | 68 | 1.82 |
| 2024 | $954,605 | $703,857 | $12,210,455 | 177 | 177 | 0.74 |
Commodities insured in Union 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
- 0.57Low end of the filed band
- 1.94Middle of the filed band
- 2.70High end of the filed band
- 2015Worst year filed (2.72)
- 10Years filed
- $7,024,270Premium filed
- $14,862,953Indemnity paid
- $61,718,215Liability insured
- 111,481Quantity planted
- 103,126Quantity lost
- 1,046Policies
- 1,046Policies with a loss
- 2.12Loss ratio, whole span
Causes that carried the indemnity in Union County
- Drought $7,314,867 indemnity · 7 years
- Excess Moisture/Precipitation/Rain $5,431,231 indemnity · 10 years
- Wind/Excess Wind $1,015,535 indemnity · 2 years
- Decline in Price $845,489 indemnity · 8 years
- Hail $144,565 indemnity · 3 years
- Cold Wet Weather $78,055 indemnity · 7 years
Soybeans 10 years filed
- 0.90Low end of the filed band
- 1.95Middle of the filed band
- 2.47High end of the filed band
- 2018Worst year filed (2.72)
- 10Years filed
- $4,206,411Premium filed
- $8,335,031Indemnity paid
- $47,864,994Liability insured
- 97,749Quantity planted
- 94,512Quantity lost
- 826Policies
- 826Policies with a loss
- 1.98Loss ratio, whole span
Causes that carried the indemnity in Union County
- Drought $4,661,710 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $2,622,804 indemnity · 10 years
- Decline in Price $396,956 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $274,685 indemnity · 4 years
- Hail $257,872 indemnity · 3 years
- Flood $85,006 indemnity · 3 years
Pasture,Rangeland,Forage 9 years filed
- 0.66Low end of the filed band
- 1.77Middle of the filed band
- 2.81High end of the filed band
- 2018Worst year filed (2.81)
- 9Years filed
- $268,535Premium filed
- $438,348Indemnity paid
- $1,726,139Liability insured
- 18,866Quantity planted
- 0Quantity lost
- 195Policies
- 195Policies with a loss
- 1.63Loss ratio, whole span
Causes that carried the indemnity in Union County
- ARPI/SCO/STAX/MP Crops Only $438,348 indemnity · 9 years
Every county-crop the agency files in Iowa → Buy the Union 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.