Crop-loss band · Maryland
Talbot County, Maryland — crop-loss band
- 0.89Low end of the filed band
- 1.45Middle of the filed band
- 2.51High end of the filed band
- 2024Worst year filed (2.91)
- 10Years filed
Every year the Risk Management Agency has filed for Talbot 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 0.89 at the low end to 2.51 at the high end, with 1.45 in the middle. The worst year filed is 2024, at 2.91. 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 | $176,331 | $395,363 | $1,653,669 | 96 | 95 | 2.24 |
| 2016 | $820,809 | $754,041 | $6,988,773 | 135 | 135 | 0.92 |
| 2017 | $239,399 | $212,157 | $1,996,387 | 62 | 62 | 0.89 |
| 2018 | $899,839 | $1,537,332 | $9,458,518 | 236 | 235 | 1.71 |
| 2019 | $932,931 | $1,641,144 | $10,126,854 | 259 | 259 | 1.76 |
| 2020 | $207,087 | $300,263 | $2,276,593 | 75 | 75 | 1.45 |
| 2021 | $239,795 | $601,669 | $2,658,322 | 77 | 77 | 2.51 |
| 2022 | $498,904 | $591,681 | $5,224,780 | 88 | 88 | 1.19 |
| 2023 | $633,621 | $656,448 | $7,228,695 | 101 | 101 | 1.04 |
| 2024 | $1,779,843 | $5,178,065 | $19,780,935 | 315 | 315 | 2.91 |
Commodities insured in Talbot 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
- 0.52Low end of the filed band
- 1.19Middle of the filed band
- 2.64High end of the filed band
- 2024Worst year filed (3.46)
- 10Years filed
- $3,243,049Premium filed
- $5,762,328Indemnity paid
- $33,699,125Liability insured
- 60,929Quantity planted
- 50,413Quantity lost
- 594Policies
- 593Policies with a loss
- 1.78Loss ratio, whole span
Causes that carried the indemnity in Talbot County
- Drought $2,695,736 indemnity · 10 years
- Heat $1,276,202 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $1,150,802 indemnity · 10 years
- Decline in Price $335,898 indemnity · 8 years
- Wildlife $224,709 indemnity · 9 years
- Cold Wet Weather $44,208 indemnity · 4 years
Soybeans 10 years filed
- 0.57Low end of the filed band
- 1.51Middle of the filed band
- 2.32High end of the filed band
- 2024Worst year filed (2.35)
- 10Years filed
- $2,747,202Premium filed
- $4,831,894Indemnity paid
- $29,043,506Liability insured
- 73,811Quantity planted
- 63,734Quantity lost
- 702Policies
- 702Policies with a loss
- 1.76Loss ratio, whole span
Causes that carried the indemnity in Talbot County
- Drought $2,450,880 indemnity · 9 years
- Heat $836,078 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $786,640 indemnity · 10 years
- Decline in Price $356,723 indemnity · 8 years
- Wildlife $324,504 indemnity · 9 years
- All Other Causes $26,478 indemnity · 3 years
Wheat 9 years filed
- 0.79Low end of the filed band
- 2.39Middle of the filed band
- 6.40High end of the filed band
- 2021Worst year filed (6.40)
- 9Years filed
- $438,308Premium filed
- $1,273,941Indemnity paid
- $4,650,895Liability insured
- 14,463Quantity planted
- 14,463Quantity lost
- 148Policies
- 147Policies with a loss
- 2.91Loss ratio, whole span
Causes that carried the indemnity in Talbot County
- Excess Moisture/Precipitation/Rain $888,294 indemnity · 8 years
- Cold Wet Weather $190,101 indemnity · 3 years
- Decline in Price $155,559 indemnity · 4 years
- Wildlife $24,877 indemnity · 2 years
- Freeze $5,983 indemnity · 1 years
- Frost $4,971 indemnity · 1 years
Every county-crop the agency files in Maryland → Buy the Talbot 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.