Crop-loss band · New Mexico
Union County, New Mexico — crop-loss band
- 1.08Low end of the filed band
- 2.00Middle of the filed band
- 2.68High end of the filed band
- 2017Worst year filed (4.28)
- 10Years filed
Every year the Risk Management Agency has filed for Union 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 1.08 at the low end to 2.68 at the high end, with 2.00 in the middle. The worst year filed is 2017, at 4.28. 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 | $214,147 | $230,999 | $1,318,326 | 14 | 14 | 1.08 |
| 2016 | $973,097 | $2,236,894 | $6,299,143 | 69 | 69 | 2.30 |
| 2017 | $1,026,339 | $4,391,768 | $9,205,035 | 77 | 77 | 4.28 |
| 2018 | $1,651,661 | $3,574,979 | $7,979,161 | 99 | 99 | 2.16 |
| 2019 | $488,729 | $661,382 | $2,935,070 | 70 | 70 | 1.35 |
| 2020 | $1,748,031 | $3,122,328 | $9,532,411 | 196 | 196 | 1.79 |
| 2021 | $1,772,884 | $3,543,156 | $7,804,704 | 207 | 207 | 2.00 |
| 2022 | $3,348,261 | $7,757,721 | $16,440,883 | 295 | 295 | 2.32 |
| 2023 | $4,330,573 | $11,617,224 | $24,280,813 | 323 | 323 | 2.68 |
| 2024 | $2,338,494 | $3,630,517 | $10,472,424 | 210 | 210 | 1.55 |
Commodities insured in Union County
4 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
- 0.98Low end of the filed band
- 3.14Middle of the filed band
- 5.93High end of the filed band
- 2017Worst year filed (6.02)
- 10Years filed
- $4,752,247Premium filed
- $17,775,442Indemnity paid
- $42,722,936Liability insured
- 55,405Quantity planted
- 55,775Quantity lost
- 142Policies
- 142Policies with a loss
- 3.74Loss ratio, whole span
Causes that carried the indemnity in Union County
- Hail $5,024,880 indemnity · 5 years
- Heat $3,237,024 indemnity · 7 years
- Hot Wind $2,538,536 indemnity · 8 years
- Mycotoxin $2,144,778 indemnity · 2 years
- ARPI/SCO/STAX/MP Crops Only $1,886,553 indemnity · 5 years
- Excess Moisture/Precipitation/Rain $1,463,031 indemnity · 1 years
Pasture,Rangeland,Forage 10 years filed
- 0.67Low end of the filed band
- 1.21Middle of the filed band
- 2.12High end of the filed band
- 2017Worst year filed (2.38)
- 10Years filed
- $11,435,214Premium filed
- $17,602,318Indemnity paid
- $45,321,558Liability insured
- 2,967,621Quantity planted
- 0Quantity lost
- 1,278Policies
- 1,278Policies with a loss
- 1.54Loss ratio, whole span
Causes that carried the indemnity in Union County
- ARPI/SCO/STAX Crops Only $17,602,318 indemnity · 10 years
Wheat 10 years filed
- 0.93Low end of the filed band
- 2.11Middle of the filed band
- 3.83High end of the filed band
- 2023Worst year filed (4.03)
- 10Years filed
- $969,421Premium filed
- $2,738,940Indemnity paid
- $4,317,616Liability insured
- 20,963Quantity planted
- 20,986Quantity lost
- 77Policies
- 77Policies with a loss
- 2.83Loss ratio, whole span
Causes that carried the indemnity in Union County
- Hail $1,206,742 indemnity · 8 years
- Wind/Excess Wind $843,012 indemnity · 6 years
- Hot Wind $416,073 indemnity · 5 years
- Drought $164,218 indemnity · 7 years
- Plant Disease $49,354 indemnity · 1 years
- Cold Wet Weather $28,047 indemnity · 1 years
Grain Sorghum 9 years filed
- 0.63Low end of the filed band
- 3.63Middle of the filed band
- 5.20High end of the filed band
- 2022Worst year filed (5.20)
- 9Years filed
- $735,334Premium filed
- $2,650,268Indemnity paid
- $3,905,860Liability insured
- 18,216Quantity planted
- 18,585Quantity lost
- 63Policies
- 63Policies with a loss
- 3.60Loss ratio, whole span
Causes that carried the indemnity in Union County
- Hot Wind $1,503,445 indemnity · 6 years
- Heat $490,439 indemnity · 7 years
- Hail $245,770 indemnity · 4 years
- Freeze $243,605 indemnity · 1 years
- Wind/Excess Wind $64,616 indemnity · 3 years
- Drought $51,451 indemnity · 5 years
Every county-crop the agency files in New Mexico → Buy the Union 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.