Crop-loss band · Illinois
Morgan County, Illinois — crop-loss band
- 0.54Low end of the filed band
- 1.35Middle of the filed band
- 2.35High end of the filed band
- 2016Worst year filed (3.26)
- 10Years filed
Every year the Risk Management Agency has filed for Morgan 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 0.54 at the low end to 2.35 at the high end, with 1.35 in the middle. The worst year filed is 2016, at 3.26. 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 | $2,470,440 | $5,786,478 | $41,728,477 | 503 | 503 | 2.34 |
| 2016 | $558,106 | $1,821,960 | $9,195,180 | 90 | 89 | 3.26 |
| 2017 | $1,963,848 | $1,559,488 | $31,207,438 | 460 | 455 | 0.79 |
| 2018 | $48,054 | $113,147 | $916,264 | 34 | 34 | 2.35 |
| 2019 | $1,130,799 | $2,188,898 | $20,113,009 | 287 | 287 | 1.94 |
| 2020 | $1,062,559 | $569,453 | $22,047,850 | 241 | 241 | 0.54 |
| 2021 | $1,006,424 | $1,124,734 | $15,923,392 | 236 | 236 | 1.12 |
| 2022 | $427,099 | $385,760 | $8,940,779 | 86 | 86 | 0.90 |
| 2023 | $4,539,016 | $7,349,045 | $72,031,817 | 533 | 533 | 1.62 |
| 2024 | $2,134,163 | $2,889,810 | $42,168,581 | 255 | 255 | 1.35 |
Commodities insured in Morgan 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
- 0.48Low end of the filed band
- 1.26Middle of the filed band
- 2.24High end of the filed band
- 2016Worst year filed (3.44)
- 10Years filed
- $12,560,255Premium filed
- $18,884,042Indemnity paid
- $192,298,675Liability insured
- 215,195Quantity planted
- 188,616Quantity lost
- 1,720Policies
- 1,717Policies with a loss
- 1.50Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Excess Moisture/Precipitation/Rain $9,152,780 indemnity · 10 years
- Decline in Price $3,953,457 indemnity · 6 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,099,514 indemnity · 2 years
- Drought $1,793,626 indemnity · 8 years
- Cold Wet Weather $274,416 indemnity · 8 years
- Plant Disease $166,437 indemnity · 1 years
Soybeans 10 years filed
- 0.73Low end of the filed band
- 1.11Middle of the filed band
- 3.58High end of the filed band
- 2015Worst year filed (3.79)
- 10Years filed
- $2,780,253Premium filed
- $4,904,731Indemnity paid
- $71,974,112Liability insured
- 107,270Quantity planted
- 68,600Quantity lost
- 1,005Policies
- 1,002Policies with a loss
- 1.76Loss ratio, whole span
Causes that carried the indemnity in Morgan County
- Excess Moisture/Precipitation/Rain $2,201,859 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,185,917 indemnity · 2 years
- Drought $581,775 indemnity · 6 years
- Decline in Price $549,467 indemnity · 7 years
- Hail $159,786 indemnity · 3 years
- Cold Wet Weather $127,464 indemnity · 9 years
Every county-crop the agency files in Illinois → Buy the Morgan 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.