Crop-loss band · Maryland
Wicomico County, Maryland — crop-loss band
- 1.77Low end of the filed band
- 1.91Middle of the filed band
- 2.33High end of the filed band
- 2020Worst year filed (2.42)
- 10Years filed
Every year the Risk Management Agency has filed for Wicomico County is in the series below, from 2015 to 2023. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.77 at the low end to 2.33 at the high end, with 1.91 in the middle. The worst year filed is 2020, at 2.42. 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 | $308,506 | $545,203 | $1,494,298 | 171 | 171 | 1.77 |
| 2016 | $512,339 | $966,187 | $2,867,287 | 204 | 204 | 1.89 |
| 2017 | $329,969 | $671,019 | $1,994,781 | 137 | 137 | 2.03 |
| 2018 | $693,914 | $1,616,626 | $5,055,160 | 217 | 217 | 2.33 |
| 2019 | $371,150 | $848,584 | $2,313,682 | 159 | 159 | 2.29 |
| 2020 | $336,373 | $812,327 | $2,113,871 | 118 | 118 | 2.42 |
| 2021 | $273,976 | $523,280 | $1,543,371 | 77 | 77 | 1.91 |
| 2022 | $588,510 | $1,103,850 | $3,580,876 | 145 | 145 | 1.88 |
| 2023 | $408,451 | $839,710 | $2,583,334 | 101 | 101 | 2.06 |
| 2024 | $649,056 | $1,202,483 | $4,132,458 | 190 | 190 | 1.85 |
Commodities insured in Wicomico 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.
Soybeans 10 years filed
- 1.87Low end of the filed band
- 2.00Middle of the filed band
- 2.25High end of the filed band
- 2020Worst year filed (2.44)
- 10Years filed
- $2,236,271Premium filed
- $4,575,892Indemnity paid
- $11,620,242Liability insured
- 44,066Quantity planted
- 44,224Quantity lost
- 873Policies
- 873Policies with a loss
- 2.05Loss ratio, whole span
Causes that carried the indemnity in Wicomico County
- Drought $2,094,475 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $1,126,936 indemnity · 10 years
- Wildlife $766,922 indemnity · 9 years
- Heat $337,142 indemnity · 8 years
- Decline in Price $134,410 indemnity · 7 years
- Hurricane/Tropical Depression $82,222 indemnity · 2 years
Corn 10 years filed
- 1.30Low end of the filed band
- 1.76Middle of the filed band
- 2.44High end of the filed band
- 2018Worst year filed (2.72)
- 10Years filed
- $1,976,514Premium filed
- $3,894,129Indemnity paid
- $13,765,156Liability insured
- 33,607Quantity planted
- 32,741Quantity lost
- 617Policies
- 617Policies with a loss
- 1.97Loss ratio, whole span
Causes that carried the indemnity in Wicomico County
- Excess Moisture/Precipitation/Rain $1,455,046 indemnity · 10 years
- Drought $1,374,195 indemnity · 10 years
- Heat $427,183 indemnity · 8 years
- Wildlife $334,550 indemnity · 10 years
- Decline in Price $217,299 indemnity · 7 years
- Wind/Excess Wind $39,351 indemnity · 1 years
All Other Crops 8 years filed
- 0.08Low end of the filed band
- 2.19Middle of the filed band
- 4.86High end of the filed band
- 2017Worst year filed (4.86)
- 8Years filed
- $259,459Premium filed
- $659,248Indemnity paid
- $2,293,720Liability insured
- 5,266Quantity planted
- 468Quantity lost
- 29Policies
- 29Policies with a loss
- 2.54Loss ratio, whole span
Causes that carried the indemnity in Wicomico County
- Excess Moisture/Precipitation/Rain $515,353 indemnity · 5 years
- ARPI/SCO/STAX Crops Only $143,895 indemnity · 7 years
Every county-crop the agency files in Maryland → Buy the Wicomico 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.