Crop-loss band · Nebraska
Madison County, Nebraska — crop-loss band
- 1.61Low end of the filed band
- 2.15Middle of the filed band
- 4.37High end of the filed band
- 2019Worst year filed (5.20)
- 10Years filed
Every year the Risk Management Agency has filed for Madison 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 1.61 at the low end to 4.37 at the high end, with 2.15 in the middle. The worst year filed is 2019, at 5.20. 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 | $107,867 | $174,431 | $1,278,877 | 53 | 53 | 1.62 |
| 2016 | $425,289 | $756,151 | $4,519,106 | 161 | 160 | 1.78 |
| 2017 | $598,372 | $962,878 | $6,587,107 | 183 | 182 | 1.61 |
| 2018 | $2,222,124 | $9,709,174 | $31,277,591 | 656 | 656 | 4.37 |
| 2019 | $512,983 | $2,669,357 | $4,335,313 | 242 | 242 | 5.20 |
| 2020 | $1,239,011 | $2,664,570 | $13,141,602 | 371 | 370 | 2.15 |
| 2021 | $536,991 | $1,526,477 | $4,739,589 | 158 | 158 | 2.84 |
| 2022 | $8,404,562 | $26,158,432 | $77,512,051 | 1,245 | 1,245 | 3.11 |
| 2023 | $7,125,983 | $13,560,895 | $75,669,086 | 1,152 | 1,152 | 1.90 |
| 2024 | $2,383,972 | $5,706,658 | $28,628,751 | 648 | 648 | 2.39 |
Commodities insured in Madison 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
- 1.47Low end of the filed band
- 2.10Middle of the filed band
- 3.91High end of the filed band
- 2019Worst year filed (5.12)
- 10Years filed
- $15,774,136Premium filed
- $41,082,838Indemnity paid
- $154,201,004Liability insured
- 191,374Quantity planted
- 206,285Quantity lost
- 2,487Policies
- 2,484Policies with a loss
- 2.60Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $20,407,554 indemnity · 10 years
- Hail $4,651,081 indemnity · 9 years
- Excess Moisture/Precipitation/Rain $4,217,105 indemnity · 10 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $3,711,945 indemnity · 3 years
- Heat $3,199,909 indemnity · 8 years
- Wind/Excess Wind $2,846,867 indemnity · 8 years
Soybeans 10 years filed
- 1.53Low end of the filed band
- 2.36Middle of the filed band
- 5.20High end of the filed band
- 2019Worst year filed (5.81)
- 10Years filed
- $7,383,137Premium filed
- $21,988,997Indemnity paid
- $91,127,618Liability insured
- 151,329Quantity planted
- 158,481Quantity lost
- 1,890Policies
- 1,890Policies with a loss
- 2.98Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $11,023,514 indemnity · 9 years
- Hail $4,266,146 indemnity · 9 years
- Heat $2,201,961 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $1,656,513 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $1,289,777 indemnity · 10 years
- Decline in Price $746,785 indemnity · 8 years
Pasture,Rangeland,Forage 8 years filed
- 0.09Low end of the filed band
- 1.73Middle of the filed band
- 2.58High end of the filed band
- 2024Worst year filed (2.58)
- 8Years filed
- $399,880Premium filed
- $817,188Indemnity paid
- $2,360,451Liability insured
- 17,276Quantity planted
- 0Quantity lost
- 492Policies
- 492Policies with a loss
- 2.04Loss ratio, whole span
Causes that carried the indemnity in Madison County
- ARPI/SCO/STAX/MP Crops Only $817,188 indemnity · 8 years
Every county-crop the agency files in Nebraska → Buy the Madison 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.