Crop-loss band · Iowa
Wayne County, Iowa — crop-loss band
- 0.75Low end of the filed band
- 1.40Middle of the filed band
- 2.09High end of the filed band
- 2015Worst year filed (3.39)
- 10Years filed
Every year the Risk Management Agency has filed for Wayne 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 0.75 at the low end to 2.09 at the high end, with 1.40 in the middle. The worst year filed is 2015, at 3.39. 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 | $2,015,006 | $6,832,446 | $11,341,698 | 323 | 323 | 3.39 |
| 2016 | $320,644 | $447,545 | $2,454,314 | 61 | 61 | 1.40 |
| 2017 | $2,125,138 | $4,450,352 | $16,238,288 | 296 | 296 | 2.09 |
| 2018 | $1,342,223 | $2,734,064 | $12,201,123 | 175 | 175 | 2.04 |
| 2019 | $1,946,538 | $3,759,283 | $13,972,032 | 289 | 289 | 1.93 |
| 2020 | $924,598 | $761,189 | $7,892,626 | 136 | 136 | 0.82 |
| 2021 | $1,609,399 | $1,308,312 | $12,434,416 | 184 | 184 | 0.81 |
| 2022 | $3,663,807 | $4,422,365 | $29,018,414 | 281 | 281 | 1.21 |
| 2023 | $476,682 | $821,586 | $4,163,159 | 43 | 43 | 1.72 |
| 2024 | $2,294,894 | $1,713,775 | $18,439,460 | 199 | 199 | 0.75 |
Commodities insured in Wayne 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.
Soybeans 10 years filed
- 0.81Low end of the filed band
- 0.99Middle of the filed band
- 2.44High end of the filed band
- 2015Worst year filed (3.70)
- 10Years filed
- $8,562,970Premium filed
- $13,691,322Indemnity paid
- $70,603,456Liability insured
- 168,634Quantity planted
- 154,179Quantity lost
- 1,113Policies
- 1,113Policies with a loss
- 1.60Loss ratio, whole span
Causes that carried the indemnity in Wayne County
- Drought $7,623,589 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $4,631,709 indemnity · 10 years
- Cold Wet Weather $573,908 indemnity · 8 years
- Decline in Price $472,156 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $166,761 indemnity · 2 years
- Hail $71,512 indemnity · 4 years
Corn 10 years filed
- 0.54Low end of the filed band
- 1.18Middle of the filed band
- 2.07High end of the filed band
- 2015Worst year filed (3.21)
- 10Years filed
- $8,155,959Premium filed
- $13,559,595Indemnity paid
- $57,552,074Liability insured
- 119,995Quantity planted
- 100,634Quantity lost
- 874Policies
- 874Policies with a loss
- 1.66Loss ratio, whole span
Causes that carried the indemnity in Wayne County
- Excess Moisture/Precipitation/Rain $7,846,314 indemnity · 9 years
- Drought $5,106,905 indemnity · 9 years
- Decline in Price $273,393 indemnity · 7 years
- Cold Wet Weather $243,627 indemnity · 7 years
- Heat $34,109 indemnity · 3 years
- Wildlife $33,719 indemnity · 4 years
Every county-crop the agency files in Iowa → Buy the Wayne 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.