Crop-loss band · Michigan
Branch County, Michigan — crop-loss band
- 1.35Low end of the filed band
- 2.14Middle of the filed band
- 2.86High end of the filed band
- 2019Worst year filed (5.17)
- 10Years filed
Every year the Risk Management Agency has filed for Branch 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 1.35 at the low end to 2.86 at the high end, with 2.14 in the middle. The worst year filed is 2019, at 5.17. 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 | $368,414 | $710,481 | $3,939,995 | 90 | 90 | 1.93 |
| 2016 | $276,749 | $520,496 | $2,935,339 | 56 | 56 | 1.88 |
| 2017 | $1,222,893 | $1,655,534 | $13,635,332 | 198 | 198 | 1.35 |
| 2018 | $820,408 | $1,884,196 | $9,776,453 | 211 | 211 | 2.30 |
| 2019 | $1,097,798 | $5,680,636 | $10,282,156 | 295 | 295 | 5.17 |
| 2020 | $1,013,510 | $2,171,843 | $12,642,886 | 206 | 206 | 2.14 |
| 2021 | $646,531 | $1,849,498 | $6,734,411 | 78 | 77 | 2.86 |
| 2022 | $462,023 | $974,029 | $5,280,619 | 49 | 49 | 2.11 |
| 2023 | $2,325,385 | $5,204,036 | $26,326,007 | 297 | 297 | 2.24 |
| 2024 | $1,240,329 | $2,677,108 | $13,699,463 | 208 | 208 | 2.16 |
Commodities insured in Branch 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
- 1.30Low end of the filed band
- 1.85Middle of the filed band
- 2.92High end of the filed band
- 2019Worst year filed (4.74)
- 10Years filed
- $4,794,410Premium filed
- $10,563,825Indemnity paid
- $50,210,165Liability insured
- 91,648Quantity planted
- 79,487Quantity lost
- 747Policies
- 747Policies with a loss
- 2.20Loss ratio, whole span
Causes that carried the indemnity in Branch County
- Excess Moisture/Precipitation/Rain $5,667,955 indemnity · 10 years
- Drought $2,072,118 indemnity · 9 years
- Decline in Price $1,198,283 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $484,374 indemnity · 4 years
- Heat $398,576 indemnity · 8 years
- Cold Wet Weather $266,146 indemnity · 7 years
Soybeans 10 years filed
- 1.10Low end of the filed band
- 1.79Middle of the filed band
- 2.89High end of the filed band
- 2019Worst year filed (6.08)
- 10Years filed
- $3,960,850Premium filed
- $10,114,972Indemnity paid
- $47,985,499Liability insured
- 116,352Quantity planted
- 106,710Quantity lost
- 899Policies
- 898Policies with a loss
- 2.55Loss ratio, whole span
Causes that carried the indemnity in Branch County
- Excess Moisture/Precipitation/Rain $4,082,906 indemnity · 10 years
- Drought $3,446,937 indemnity · 10 years
- Decline in Price $933,632 indemnity · 8 years
- ARPI/SCO/STAX/MP Crops Only $625,535 indemnity · 3 years
- Heat $355,543 indemnity · 6 years
- Cold Wet Weather $343,690 indemnity · 10 years
All Other Crops 9 years filed
- 0.85Low end of the filed band
- 3.67Middle of the filed band
- 14.84High end of the filed band
- 2023Worst year filed (14.84)
- 9Years filed
- $718,781Premium filed
- $2,649,060Indemnity paid
- $7,056,997Liability insured
- 2,585Quantity planted
- 2,015Quantity lost
- 42Policies
- 42Policies with a loss
- 3.69Loss ratio, whole span
Causes that carried the indemnity in Branch County
- Excess Moisture/Precipitation/Rain $2,090,489 indemnity · 6 years
- Drought $372,307 indemnity · 1 years
- Heat $80,618 indemnity · 3 years
- Plant Disease $34,267 indemnity · 1 years
- ARPI/SCO/STAX/MP Crops Only $26,420 indemnity · 8 years
- Hail $24,359 indemnity · 1 years
Every county-crop the agency files in Michigan → Buy the Branch 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.