Crop-loss band · Indiana
Posey County, Indiana — crop-loss band
- 0.40Low end of the filed band
- 0.96Middle of the filed band
- 2.01High end of the filed band
- 2015Worst year filed (2.67)
- 10Years filed
Every year the Risk Management Agency has filed for Posey 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 0.40 at the low end to 2.01 at the high end, with 0.96 in the middle. The worst year filed is 2015, at 2.67. 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 | $1,701,806 | $4,536,851 | $7,855,133 | 327 | 327 | 2.67 |
| 2016 | $2,723,569 | $3,776,273 | $22,877,944 | 321 | 320 | 1.39 |
| 2017 | $2,011,716 | $812,160 | $15,604,384 | 260 | 255 | 0.40 |
| 2018 | $1,087,056 | $1,187,199 | $6,740,897 | 217 | 217 | 1.09 |
| 2019 | $3,187,641 | $6,421,380 | $22,115,840 | 494 | 490 | 2.01 |
| 2020 | $1,123,586 | $946,856 | $8,142,830 | 195 | 195 | 0.84 |
| 2021 | $724,560 | $395,218 | $4,651,791 | 74 | 74 | 0.55 |
| 2022 | $984,138 | $940,251 | $7,683,136 | 129 | 129 | 0.96 |
| 2023 | $4,137,555 | $2,595,120 | $34,714,505 | 351 | 351 | 0.63 |
| 2024 | $1,772,980 | $2,132,883 | $14,412,100 | 259 | 259 | 1.20 |
Commodities insured in Posey 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
- 0.29Low end of the filed band
- 0.78Middle of the filed band
- 2.08High end of the filed band
- 2019Worst year filed (2.14)
- 10Years filed
- $11,950,641Premium filed
- $13,438,599Indemnity paid
- $88,714,640Liability insured
- 126,486Quantity planted
- 102,867Quantity lost
- 1,212Policies
- 1,205Policies with a loss
- 1.12Loss ratio, whole span
Causes that carried the indemnity in Posey County
- Excess Moisture/Precipitation/Rain $7,835,759 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $2,403,226 indemnity · 3 years
- Flood $1,310,230 indemnity · 7 years
- Decline in Price $1,025,746 indemnity · 7 years
- Drought $513,832 indemnity · 6 years
- Plant Disease $166,916 indemnity · 1 years
Soybeans 10 years filed
- 0.45Low end of the filed band
- 0.68Middle of the filed band
- 1.79High end of the filed band
- 2015Worst year filed (2.53)
- 10Years filed
- $6,748,405Premium filed
- $8,019,719Indemnity paid
- $52,094,270Liability insured
- 117,733Quantity planted
- 82,239Quantity lost
- 1,220Policies
- 1,217Policies with a loss
- 1.19Loss ratio, whole span
Causes that carried the indemnity in Posey County
- Excess Moisture/Precipitation/Rain $5,493,400 indemnity · 10 years
- Flood $1,023,732 indemnity · 8 years
- Drought $783,982 indemnity · 8 years
- Decline in Price $438,645 indemnity · 7 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $211,320 indemnity · 1 years
- Insects $32,550 indemnity · 3 years
Wheat 10 years filed
- 0.65Low end of the filed band
- 2.26Middle of the filed band
- 4.00High end of the filed band
- 2015Worst year filed (4.69)
- 10Years filed
- $755,561Premium filed
- $2,285,873Indemnity paid
- $3,989,650Liability insured
- 14,820Quantity planted
- 14,820Quantity lost
- 195Policies
- 195Policies with a loss
- 3.03Loss ratio, whole span
Causes that carried the indemnity in Posey County
- Excess Moisture/Precipitation/Rain $1,856,407 indemnity · 10 years
- Cold Wet Weather $181,561 indemnity · 3 years
- Mycotoxin $114,537 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $73,330 indemnity · 3 years
- Drought $17,367 indemnity · 1 years
- Decline in Price $14,850 indemnity · 4 years
Every county-crop the agency files in Indiana → Buy the Posey 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.