Crop-loss band · New York
Madison County, New York — crop-loss band
- 0.83Low end of the filed band
- 3.47Middle of the filed band
- 5.20High end of the filed band
- 2017Worst year filed (6.75)
- 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 0.83 at the low end to 5.20 at the high end, with 3.47 in the middle. The worst year filed is 2017, at 6.75. 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 | $145,282 | $755,012 | $1,241,475 | 53 | 53 | 5.20 |
| 2016 | $69,938 | $206,966 | $597,487 | 28 | 28 | 2.96 |
| 2017 | $162,452 | $1,096,680 | $1,225,289 | 47 | 47 | 6.75 |
| 2018 | $70,125 | $257,105 | $552,315 | 59 | 59 | 3.67 |
| 2019 | $348,813 | $1,211,744 | $1,912,955 | 83 | 83 | 3.47 |
| 2020 | $51,330 | $263,776 | $392,875 | 28 | 28 | 5.14 |
| 2021 | $239,478 | $590,973 | $1,465,470 | 39 | 39 | 2.47 |
| 2022 | $196,179 | $340,068 | $1,818,450 | 12 | 12 | 1.73 |
| 2023 | $151,352 | $126,135 | $1,305,994 | 20 | 20 | 0.83 |
| 2024 | $148,196 | $560,779 | $1,172,679 | 64 | 64 | 3.78 |
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
- 0.47Low end of the filed band
- 5.20Middle of the filed band
- 7.46High end of the filed band
- 2020Worst year filed (7.55)
- 10Years filed
- $820,379Premium filed
- $3,536,042Indemnity paid
- $8,150,657Liability insured
- 19,074Quantity planted
- 19,165Quantity lost
- 227Policies
- 227Policies with a loss
- 4.31Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $2,681,889 indemnity · 6 years
- Drought $528,731 indemnity · 5 years
- Cold Wet Weather $215,687 indemnity · 5 years
- Decline in Price $53,889 indemnity · 4 years
- Other (Snow, Lightning, Etc.) $35,629 indemnity · 1 years
- Frost $10,530 indemnity · 1 years
All Other Crops 10 years filed
- 1.13Low end of the filed band
- 2.17Middle of the filed band
- 3.20High end of the filed band
- 2015Worst year filed (4.95)
- 10Years filed
- $488,616Premium filed
- $1,098,859Indemnity paid
- $1,595,182Liability insured
- 1,079Quantity planted
- 826Quantity lost
- 90Policies
- 90Policies with a loss
- 2.25Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $854,450 indemnity · 8 years
- All Other Causes $84,396 indemnity · 5 years
- Drought $48,771 indemnity · 5 years
- Freeze $45,717 indemnity · 3 years
- ARPI/SCO/STAX/MP Crops Only $24,147 indemnity · 2 years
- Heat $24,022 indemnity · 3 years
Soybeans 10 years filed
- 0.77Low end of the filed band
- 1.62Middle of the filed band
- 5.10High end of the filed band
- 2015Worst year filed (5.23)
- 10Years filed
- $274,150Premium filed
- $774,337Indemnity paid
- $1,939,150Liability insured
- 6,461Quantity planted
- 6,220Quantity lost
- 116Policies
- 116Policies with a loss
- 2.82Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $552,472 indemnity · 7 years
- Drought $154,755 indemnity · 5 years
- Cold Wet Weather $25,532 indemnity · 5 years
- Freeze $11,052 indemnity · 1 years
- Decline in Price $10,729 indemnity · 3 years
- All Other Causes $9,342 indemnity · 4 years
Every county-crop the agency files in New York → 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.