Crop-loss band · Maryland
Worcester County, Maryland — crop-loss band
- 1.12Low end of the filed band
- 2.25Middle of the filed band
- 3.07High end of the filed band
- 2020Worst year filed (3.56)
- 10Years filed
Every year the Risk Management Agency has filed for Worcester 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 1.12 at the low end to 3.07 at the high end, with 2.25 in the middle. The worst year filed is 2020, at 3.56. 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 | $174,717 | $371,826 | $1,508,258 | 66 | 66 | 2.13 |
| 2016 | $306,244 | $341,812 | $2,713,576 | 114 | 114 | 1.12 |
| 2017 | $98,281 | $147,321 | $898,625 | 60 | 60 | 1.50 |
| 2018 | $427,511 | $1,133,703 | $4,858,996 | 176 | 176 | 2.65 |
| 2019 | $116,852 | $331,463 | $1,220,835 | 106 | 106 | 2.84 |
| 2020 | $162,704 | $579,870 | $1,930,635 | 91 | 91 | 3.56 |
| 2021 | $85,276 | $261,425 | $918,363 | 52 | 52 | 3.07 |
| 2022 | $650,477 | $1,460,424 | $7,329,646 | 169 | 169 | 2.25 |
| 2023 | $310,659 | $515,714 | $3,992,052 | 102 | 102 | 1.66 |
| 2024 | $350,971 | $790,783 | $3,538,001 | 119 | 119 | 2.25 |
Commodities insured in Worcester 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.
Soybeans 10 years filed
- 1.61Low end of the filed band
- 2.20Middle of the filed band
- 2.84High end of the filed band
- 2020Worst year filed (3.12)
- 10Years filed
- $1,331,494Premium filed
- $3,146,396Indemnity paid
- $13,449,361Liability insured
- 39,039Quantity planted
- 34,117Quantity lost
- 634Policies
- 634Policies with a loss
- 2.36Loss ratio, whole span
Causes that carried the indemnity in Worcester County
- Drought $1,280,606 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $691,539 indemnity · 10 years
- Wildlife $607,142 indemnity · 10 years
- Heat $336,726 indemnity · 7 years
- Decline in Price $106,281 indemnity · 9 years
- Cold Wet Weather $53,936 indemnity · 2 years
Corn 10 years filed
- 0.80Low end of the filed band
- 2.10Middle of the filed band
- 4.40High end of the filed band
- 2021Worst year filed (4.41)
- 10Years filed
- $1,352,198Premium filed
- $2,787,945Indemnity paid
- $15,459,626Liability insured
- 28,606Quantity planted
- 25,223Quantity lost
- 421Policies
- 421Policies with a loss
- 2.06Loss ratio, whole span
Causes that carried the indemnity in Worcester County
- Drought $966,904 indemnity · 10 years
- Excess Moisture/Precipitation/Rain $840,498 indemnity · 9 years
- Heat $447,851 indemnity · 7 years
- Wildlife $243,896 indemnity · 9 years
- Decline in Price $131,159 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $89,169 indemnity · 4 years
Every county-crop the agency files in Maryland → Buy the Worcester 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.