Crop-loss band · Nebraska
Colfax County, Nebraska — crop-loss band
- 1.57Low end of the filed band
- 2.54Middle of the filed band
- 3.71High end of the filed band
- 2019Worst year filed (6.66)
- 10Years filed
Every year the Risk Management Agency has filed for Colfax 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 1.57 at the low end to 3.71 at the high end, with 2.54 in the middle. The worst year filed is 2019, at 6.66. 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 | $134,510 | $499,232 | $2,110,290 | 76 | 74 | 3.71 |
| 2016 | $475,155 | $995,872 | $7,633,033 | 215 | 211 | 2.10 |
| 2017 | $795,761 | $1,648,870 | $11,646,927 | 296 | 296 | 2.07 |
| 2018 | $261,925 | $587,702 | $4,833,833 | 156 | 156 | 2.24 |
| 2019 | $306,047 | $2,039,052 | $5,772,937 | 228 | 228 | 6.66 |
| 2020 | $505,679 | $1,286,726 | $7,706,154 | 213 | 213 | 2.54 |
| 2021 | $124,623 | $325,012 | $1,492,760 | 29 | 29 | 2.61 |
| 2022 | $7,105,466 | $20,534,260 | $82,254,944 | 1,307 | 1,307 | 2.89 |
| 2023 | $5,791,911 | $14,759,028 | $80,068,512 | 1,145 | 1,145 | 2.55 |
| 2024 | $2,311,930 | $3,631,247 | $29,633,983 | 498 | 498 | 1.57 |
Commodities insured in Colfax 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.
Corn 10 years filed
- 1.40Low end of the filed band
- 2.67Middle of the filed band
- 3.90High end of the filed band
- 2019Worst year filed (6.40)
- 10Years filed
- $11,833,066Premium filed
- $28,460,909Indemnity paid
- $144,749,907Liability insured
- 163,466Quantity planted
- 172,503Quantity lost
- 2,193Policies
- 2,189Policies with a loss
- 2.41Loss ratio, whole span
Causes that carried the indemnity in Colfax County
- Drought $15,723,840 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,588,509 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $2,619,178 indemnity · 10 years
- Decline in Price $2,064,938 indemnity · 9 years
- Heat $2,057,147 indemnity · 6 years
- Wind/Excess Wind $1,231,515 indemnity · 8 years
Soybeans 10 years filed
- 1.68Low end of the filed band
- 2.29Middle of the filed band
- 3.27High end of the filed band
- 2019Worst year filed (7.58)
- 10Years filed
- $5,979,941Premium filed
- $17,846,092Indemnity paid
- $88,403,465Liability insured
- 132,328Quantity planted
- 141,362Quantity lost
- 1,970Policies
- 1,968Policies with a loss
- 2.98Loss ratio, whole span
Causes that carried the indemnity in Colfax County
- Drought $10,898,080 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,934,901 indemnity · 3 years
- Heat $1,707,575 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $995,429 indemnity · 10 years
- Decline in Price $915,050 indemnity · 8 years
- Hail $700,893 indemnity · 10 years
Every county-crop the agency files in Nebraska → Buy the Colfax 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.