Crop-loss band · North Dakota
Ransom County, North Dakota — crop-loss band
- 1.75Low end of the filed band
- 2.75Middle of the filed band
- 4.38High end of the filed band
- 2020Worst year filed (4.39)
- 10Years filed
Every year the Risk Management Agency has filed for Ransom 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 1.75 at the low end to 4.38 at the high end, with 2.75 in the middle. The worst year filed is 2020, at 4.39. 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 | $3,102,164 | $6,224,620 | $18,409,133 | 454 | 452 | 2.01 |
| 2016 | $304,085 | $1,099,718 | $2,024,933 | 56 | 56 | 3.62 |
| 2017 | $997,336 | $2,741,946 | $6,030,587 | 241 | 241 | 2.75 |
| 2018 | $707,985 | $1,788,895 | $5,268,893 | 199 | 199 | 2.53 |
| 2019 | $5,292,540 | $20,225,122 | $31,468,537 | 815 | 815 | 3.82 |
| 2020 | $6,198,634 | $27,221,496 | $31,369,535 | 737 | 737 | 4.39 |
| 2021 | $7,018,603 | $12,301,266 | $60,356,524 | 642 | 642 | 1.75 |
| 2022 | $8,504,889 | $37,281,428 | $42,791,502 | 607 | 607 | 4.38 |
| 2023 | $5,093,104 | $15,900,621 | $30,104,427 | 559 | 559 | 3.12 |
| 2024 | $4,913,269 | $11,439,772 | $37,116,005 | 517 | 517 | 2.33 |
Commodities insured in Ransom County
5 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
- 1.72Low end of the filed band
- 3.05Middle of the filed band
- 4.40High end of the filed band
- 2020Worst year filed (4.53)
- 10Years filed
- $24,896,409Premium filed
- $89,846,146Indemnity paid
- $124,192,728Liability insured
- 291,359Quantity planted
- 287,745Quantity lost
- 1,875Policies
- 1,875Policies with a loss
- 3.61Loss ratio, whole span
Causes that carried the indemnity in Ransom County
- Excess Moisture/Precipitation/Rain $72,851,396 indemnity · 10 years
- Cold Wet Weather $9,584,092 indemnity · 8 years
- Drought $4,590,372 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $865,170 indemnity · 2 years
- Hail $450,165 indemnity · 4 years
- Decline in Price $396,591 indemnity · 8 years
Soybeans 10 years filed
- 1.58Low end of the filed band
- 2.52Middle of the filed band
- 5.28High end of the filed band
- 2020Worst year filed (5.38)
- 10Years filed
- $12,309,764Premium filed
- $34,850,441Indemnity paid
- $105,816,742Liability insured
- 309,786Quantity planted
- 312,015Quantity lost
- 2,156Policies
- 2,154Policies with a loss
- 2.83Loss ratio, whole span
Causes that carried the indemnity in Ransom County
- Excess Moisture/Precipitation/Rain $22,355,241 indemnity · 10 years
- Drought $5,278,667 indemnity · 9 years
- Cold Wet Weather $2,384,526 indemnity · 10 years
- Hail $1,669,762 indemnity · 8 years
- Decline in Price $789,817 indemnity · 8 years
- Frost $608,776 indemnity · 2 years
Wheat 10 years filed
- 1.69Low end of the filed band
- 2.67Middle of the filed band
- 3.20High end of the filed band
- 2016Worst year filed (3.42)
- 10Years filed
- $1,949,122Premium filed
- $5,355,827Indemnity paid
- $14,678,174Liability insured
- 52,893Quantity planted
- 52,894Quantity lost
- 561Policies
- 561Policies with a loss
- 2.75Loss ratio, whole span
Causes that carried the indemnity in Ransom County
- Excess Moisture/Precipitation/Rain $2,778,849 indemnity · 10 years
- Drought $721,966 indemnity · 8 years
- Mycotoxin $451,896 indemnity · 1 years
- Falling Numbers $368,305 indemnity · 3 years
- Hail $287,268 indemnity · 7 years
- Cold Wet Weather $234,487 indemnity · 6 years
Dry Beans 10 years filed
- 1.32Low end of the filed band
- 1.84Middle of the filed band
- 3.15High end of the filed band
- 2022Worst year filed (4.27)
- 10Years filed
- $2,374,352Premium filed
- $4,568,665Indemnity paid
- $17,191,988Liability insured
- 35,251Quantity planted
- 35,138Quantity lost
- 222Policies
- 222Policies with a loss
- 1.92Loss ratio, whole span
Causes that carried the indemnity in Ransom County
- Excess Moisture/Precipitation/Rain $1,969,524 indemnity · 9 years
- Drought $1,067,597 indemnity · 5 years
- ARPI/SCO/ECO/STAX/MP/PACE Crops Only $571,993 indemnity · 1 years
- Decline in Price $462,800 indemnity · 7 years
- Cold Wet Weather $194,301 indemnity · 3 years
- Heat $92,875 indemnity · 2 years
Potatoes 7 years filed
- 1.48Low end of the filed band
- 2.80Middle of the filed band
- 4.71High end of the filed band
- 2023Worst year filed (4.71)
- 7Years filed
- $602,962Premium filed
- $1,603,805Indemnity paid
- $3,060,444Liability insured
- 1,318Quantity planted
- 1,318Quantity lost
- 13Policies
- 13Policies with a loss
- 2.66Loss ratio, whole span
Causes that carried the indemnity in Ransom County
- Excess Moisture/Precipitation/Rain $1,434,891 indemnity · 6 years
- Heat $133,775 indemnity · 2 years
- Cold Wet Weather $35,140 indemnity · 1 years
Every county-crop the agency files in North Dakota → Buy the Ransom 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.