Crop-loss band · Indiana
Gibson County, Indiana — crop-loss band
- 0.61Low end of the filed band
- 1.10Middle of the filed band
- 2.48High end of the filed band
- 2019Worst year filed (3.07)
- 10Years filed
Every year the Risk Management Agency has filed for Gibson 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 0.61 at the low end to 2.48 at the high end, with 1.10 in the middle. The worst year filed is 2019, at 3.07. 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 | $3,061,421 | $7,589,882 | $17,335,833 | 468 | 468 | 2.48 |
| 2016 | $2,986,713 | $2,958,662 | $21,873,891 | 385 | 385 | 0.99 |
| 2017 | $3,186,246 | $1,939,959 | $23,496,700 | 360 | 360 | 0.61 |
| 2018 | $1,942,090 | $3,505,382 | $15,693,390 | 368 | 368 | 1.81 |
| 2019 | $4,603,371 | $14,145,036 | $31,360,036 | 807 | 799 | 3.07 |
| 2020 | $1,188,825 | $1,035,258 | $9,593,233 | 207 | 206 | 0.87 |
| 2021 | $946,899 | $796,813 | $8,250,041 | 132 | 132 | 0.84 |
| 2022 | $2,844,391 | $3,569,987 | $22,217,911 | 280 | 280 | 1.26 |
| 2023 | $2,263,723 | $2,499,295 | $18,743,265 | 174 | 174 | 1.10 |
| 2024 | $3,412,372 | $3,832,665 | $25,388,533 | 425 | 425 | 1.12 |
Commodities insured in Gibson 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
- 0.46Low end of the filed band
- 0.89Middle of the filed band
- 2.00High end of the filed band
- 2019Worst year filed (2.83)
- 10Years filed
- $16,834,846Premium filed
- $22,577,544Indemnity paid
- $111,547,440Liability insured
- 186,821Quantity planted
- 157,385Quantity lost
- 1,656Policies
- 1,653Policies with a loss
- 1.34Loss ratio, whole span
Causes that carried the indemnity in Gibson County
- Excess Moisture/Precipitation/Rain $17,824,575 indemnity · 10 years
- Flood $1,461,091 indemnity · 7 years
- Drought $1,424,341 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $1,084,301 indemnity · 6 years
- Decline in Price $500,702 indemnity · 8 years
- Wind/Excess Wind $115,192 indemnity · 4 years
Soybeans 10 years filed
- 0.77Low end of the filed band
- 1.37Middle of the filed band
- 2.89High end of the filed band
- 2019Worst year filed (3.70)
- 10Years filed
- $8,429,829Premium filed
- $16,213,259Indemnity paid
- $76,402,956Liability insured
- 179,322Quantity planted
- 149,959Quantity lost
- 1,740Policies
- 1,734Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Gibson County
- Excess Moisture/Precipitation/Rain $11,963,190 indemnity · 10 years
- Drought $1,889,924 indemnity · 8 years
- Flood $1,536,995 indemnity · 10 years
- Decline in Price $545,643 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $78,789 indemnity · 3 years
- Heat $73,848 indemnity · 3 years
Wheat 10 years filed
- 0.98Low end of the filed band
- 2.27Middle of the filed band
- 3.68High end of the filed band
- 2015Worst year filed (3.70)
- 10Years filed
- $1,171,376Premium filed
- $3,082,136Indemnity paid
- $6,002,437Liability insured
- 21,469Quantity planted
- 21,476Quantity lost
- 210Policies
- 210Policies with a loss
- 2.63Loss ratio, whole span
Causes that carried the indemnity in Gibson County
- Excess Moisture/Precipitation/Rain $2,550,186 indemnity · 10 years
- Cold Wet Weather $178,596 indemnity · 3 years
- Plant Disease $99,708 indemnity · 2 years
- Mycotoxin $90,574 indemnity · 2 years
- Decline in Price $44,333 indemnity · 6 years
- Freeze $39,196 indemnity · 2 years
Every county-crop the agency files in Indiana → Buy the Gibson 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.