Crop-loss band · Indiana
Madison County, Indiana — crop-loss band
- 0.62Low end of the filed band
- 0.76Middle of the filed band
- 2.81High end of the filed band
- 2019Worst year filed (3.84)
- 10Years filed
Every year the Risk Management Agency has filed for Madison 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 0.62 at the low end to 2.81 at the high end, with 0.76 in the middle. The worst year filed is 2019, at 3.84. 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 | $2,749,018 | $7,730,235 | $39,747,881 | 399 | 398 | 2.81 |
| 2016 | $430,239 | $328,057 | $7,046,788 | 59 | 57 | 0.76 |
| 2017 | $3,102,645 | $3,980,041 | $48,461,438 | 557 | 555 | 1.28 |
| 2018 | $337,779 | $730,052 | $6,437,606 | 100 | 100 | 2.16 |
| 2019 | $3,036,927 | $11,671,643 | $47,561,629 | 713 | 709 | 3.84 |
| 2020 | $591,724 | $364,989 | $11,062,152 | 110 | 110 | 0.62 |
| 2021 | $485,492 | $367,050 | $6,353,104 | 33 | 33 | 0.76 |
| 2022 | $1,029,146 | $1,007,994 | $14,702,124 | 114 | 114 | 0.98 |
| 2023 | $2,116,835 | $1,405,040 | $24,257,252 | 170 | 170 | 0.66 |
| 2024 | $1,102,242 | $731,622 | $12,814,870 | 141 | 141 | 0.66 |
Commodities insured in Madison 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
- 0.52Low end of the filed band
- 0.82Middle of the filed band
- 2.86High end of the filed band
- 2019Worst year filed (4.01)
- 10Years filed
- $8,812,343Premium filed
- $16,586,761Indemnity paid
- $108,354,255Liability insured
- 161,527Quantity planted
- 142,645Quantity lost
- 1,035Policies
- 1,033Policies with a loss
- 1.88Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $11,596,073 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $2,627,387 indemnity · 5 years
- Drought $1,100,414 indemnity · 8 years
- Decline in Price $865,670 indemnity · 7 years
- Cold Wet Weather $295,584 indemnity · 7 years
- Other (Snow, Lightning, Etc.) $64,852 indemnity · 5 years
Soybeans 10 years filed
- 0.54Low end of the filed band
- 1.04Middle of the filed band
- 2.70High end of the filed band
- 2019Worst year filed (3.61)
- 10Years filed
- $6,169,704Premium filed
- $11,729,962Indemnity paid
- $110,090,589Liability insured
- 207,435Quantity planted
- 183,016Quantity lost
- 1,361Policies
- 1,354Policies with a loss
- 1.90Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $8,448,101 indemnity · 10 years
- Drought $1,163,636 indemnity · 8 years
- Decline in Price $930,070 indemnity · 7 years
- ARPI/SCO/STAX Crops Only $816,595 indemnity · 4 years
- Cold Wet Weather $265,632 indemnity · 7 years
- Hail $27,021 indemnity · 1 years
Every county-crop the agency files in Indiana → Buy the Madison 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.