Crop-loss band · Kentucky
Simpson County, Kentucky — crop-loss band
- 0.92Low end of the filed band
- 3.77Middle of the filed band
- 8.58High end of the filed band
- 2019Worst year filed (10.63)
- 10Years filed
Every year the Risk Management Agency has filed for Simpson 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 0.92 at the low end to 8.58 at the high end, with 3.77 in the middle. The worst year filed is 2019, at 10.63. 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 | $988,372 | $2,874,708 | $9,097,655 | 83 | 83 | 2.91 |
| 2016 | $402,587 | $1,699,854 | $2,938,230 | 64 | 64 | 4.22 |
| 2017 | $555,604 | $2,092,867 | $4,050,267 | 71 | 68 | 3.77 |
| 2018 | $789,329 | $4,255,494 | $8,122,744 | 77 | 77 | 5.39 |
| 2019 | $642,632 | $6,828,000 | $8,711,001 | 115 | 115 | 10.63 |
| 2020 | $848,914 | $7,286,015 | $9,492,377 | 111 | 111 | 8.58 |
| 2021 | $698,254 | $5,027,263 | $7,259,803 | 59 | 58 | 7.20 |
| 2022 | $2,919,158 | $7,503,414 | $24,865,966 | 140 | 140 | 2.57 |
| 2023 | $375,171 | $345,203 | $3,571,699 | 23 | 23 | 0.92 |
| 2024 | $1,098,620 | $2,791,795 | $15,057,980 | 137 | 137 | 2.54 |
Commodities insured in Simpson County
6 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.
Dark Air Tobacco 10 years filed
- 4.23Low end of the filed band
- 8.67Middle of the filed band
- 14.76High end of the filed band
- 2018Worst year filed (14.91)
- 10Years filed
- $1,611,816Premium filed
- $17,887,503Indemnity paid
- $20,349,417Liability insured
- 4,364Quantity planted
- 4,371Quantity lost
- 236Policies
- 235Policies with a loss
- 11.10Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Excess Moisture/Precipitation/Rain $9,431,927 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $2,867,669 indemnity · 4 years
- Drought $2,454,526 indemnity · 6 years
- Heat $2,061,082 indemnity · 4 years
- Plant Disease $415,431 indemnity · 5 years
- Wind/Excess Wind $328,530 indemnity · 1 years
Fire Cured Tobacco 7 years filed
- 8.05Low end of the filed band
- 12.04Middle of the filed band
- 22.30High end of the filed band
- 2018Worst year filed (22.30)
- 7Years filed
- $413,673Premium filed
- $5,772,676Indemnity paid
- $6,599,719Liability insured
- 1,163Quantity planted
- 1,159Quantity lost
- 47Policies
- 47Policies with a loss
- 13.95Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Excess Moisture/Precipitation/Rain $4,619,328 indemnity · 7 years
- Drought $683,244 indemnity · 3 years
- Heat $237,262 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $217,863 indemnity · 1 years
- Wind/Excess Wind $14,979 indemnity · 1 years
Burley Tobacco 8 years filed
- 0.52Low end of the filed band
- 2.87Middle of the filed band
- 7.31High end of the filed band
- 2015Worst year filed (7.31)
- 8Years filed
- $1,366,714Premium filed
- $5,364,681Indemnity paid
- $7,368,326Liability insured
- 3,239Quantity planted
- 3,242Quantity lost
- 95Policies
- 95Policies with a loss
- 3.93Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Excess Moisture/Precipitation/Rain $3,047,821 indemnity · 8 years
- Flood $1,783,809 indemnity · 3 years
- Drought $226,383 indemnity · 4 years
- Heat $211,597 indemnity · 3 years
- Wind/Excess Wind $63,985 indemnity · 2 years
- Other (Snow, Lightning, Etc.) $12,398 indemnity · 1 years
Corn 10 years filed
- 0.13Low end of the filed band
- 1.69Middle of the filed band
- 4.30High end of the filed band
- 2017Worst year filed (4.64)
- 10Years filed
- $3,231,032Premium filed
- $4,833,697Indemnity paid
- $27,984,225Liability insured
- 35,522Quantity planted
- 29,190Quantity lost
- 139Policies
- 137Policies with a loss
- 1.50Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Drought $4,128,177 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $306,476 indemnity · 9 years
- Decline in Price $140,093 indemnity · 4 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $122,480 indemnity · 1 years
- Wildlife $60,711 indemnity · 2 years
- Heat $43,692 indemnity · 2 years
Soybeans 10 years filed
- 0.71Low end of the filed band
- 1.63Middle of the filed band
- 3.48High end of the filed band
- 2017Worst year filed (3.73)
- 10Years filed
- $1,787,681Premium filed
- $4,196,339Indemnity paid
- $23,122,230Liability insured
- 55,912Quantity planted
- 50,549Quantity lost
- 248Policies
- 248Policies with a loss
- 2.35Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Drought $2,352,780 indemnity · 6 years
- Excess Moisture/Precipitation/Rain $1,238,363 indemnity · 10 years
- ARPI/SCO/STAX Crops Only $364,965 indemnity · 2 years
- Decline in Price $148,998 indemnity · 3 years
- Wildlife $60,081 indemnity · 3 years
- Flood $29,752 indemnity · 3 years
Wheat 9 years filed
- 1.30Low end of the filed band
- 3.54Middle of the filed band
- 10.46High end of the filed band
- 2022Worst year filed (10.46)
- 9Years filed
- $907,725Premium filed
- $2,649,717Indemnity paid
- $7,743,805Liability insured
- 27,683Quantity planted
- 28,356Quantity lost
- 115Policies
- 114Policies with a loss
- 2.92Loss ratio, whole span
Causes that carried the indemnity in Simpson County
- Excess Moisture/Precipitation/Rain $1,784,815 indemnity · 9 years
- Freeze $372,013 indemnity · 2 years
- Heat $138,654 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $99,901 indemnity · 3 years
- Hail $95,157 indemnity · 3 years
- Cold Wet Weather $69,258 indemnity · 1 years
Every county-crop the agency files in Kentucky → Buy the Simpson 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.