Crop-loss band · Illinois
Lake County, Illinois — crop-loss band
- 1.24Low end of the filed band
- 1.95Middle of the filed band
- 3.31High end of the filed band
- 2019Worst year filed (5.77)
- 10Years filed
Every year the Risk Management Agency has filed for Lake 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 1.24 at the low end to 3.31 at the high end, with 1.95 in the middle. The worst year filed is 2019, at 5.77. 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 | $29,392 | $36,474 | $328,206 | 11 | 11 | 1.24 |
| 2016 | $28,787 | $51,265 | $421,102 | 10 | 10 | 1.78 |
| 2017 | $344,303 | $670,417 | $3,896,423 | 38 | 38 | 1.95 |
| 2018 | $204,134 | $330,596 | $2,467,868 | 23 | 23 | 1.62 |
| 2019 | $295,643 | $1,704,875 | $2,878,157 | 77 | 77 | 5.77 |
| 2020 | $263,585 | $717,183 | $3,414,993 | 62 | 62 | 2.72 |
| 2021 | $35,546 | $97,545 | $523,374 | 10 | 9 | 2.74 |
| 2022 | $54,824 | $136,967 | $1,181,402 | 10 | 10 | 2.50 |
| 2023 | $219,731 | $384,392 | $2,253,489 | 15 | 15 | 1.75 |
| 2024 | $397,927 | $1,316,000 | $4,665,436 | 51 | 51 | 3.31 |
Commodities insured in Lake 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
- 0.72Low end of the filed band
- 2.27Middle of the filed band
- 6.90High end of the filed band
- 2019Worst year filed (7.09)
- 10Years filed
- $1,124,041Premium filed
- $3,368,863Indemnity paid
- $13,062,734Liability insured
- 27,104Quantity planted
- 25,257Quantity lost
- 160Policies
- 160Policies with a loss
- 3.00Loss ratio, whole span
Causes that carried the indemnity in Lake County
- Excess Moisture/Precipitation/Rain $2,381,663 indemnity · 8 years
- Drought $680,139 indemnity · 6 years
- Decline in Price $117,596 indemnity · 6 years
- ARPI/SCO/STAX/MP/HIP WI Crops Only $73,220 indemnity · 1 years
- Cold Wet Weather $56,155 indemnity · 3 years
- Heat $49,818 indemnity · 3 years
Soybeans 10 years filed
- 1.06Low end of the filed band
- 2.45Middle of the filed band
- 4.72High end of the filed band
- 2015Worst year filed (4.87)
- 10Years filed
- $749,831Premium filed
- $2,076,851Indemnity paid
- $8,967,716Liability insured
- 24,076Quantity planted
- 23,136Quantity lost
- 147Policies
- 146Policies with a loss
- 2.77Loss ratio, whole span
Causes that carried the indemnity in Lake County
- Excess Moisture/Precipitation/Rain $1,213,073 indemnity · 10 years
- Decline in Price $429,987 indemnity · 6 years
- Drought $317,449 indemnity · 6 years
- ARPI/SCO/STAX/MP Crops Only $52,843 indemnity · 4 years
- Heat $36,225 indemnity · 3 years
- Cold Wet Weather $25,156 indemnity · 4 years
Every county-crop the agency files in Illinois → Buy the Lake 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.