Crop-loss band · Ohio
Lorain County, Ohio — crop-loss band
- 0.68Low end of the filed band
- 1.36Middle of the filed band
- 2.47High end of the filed band
- 2019Worst year filed (6.00)
- 10Years filed
Every year the Risk Management Agency has filed for Lorain 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 0.68 at the low end to 2.47 at the high end, with 1.36 in the middle. The worst year filed is 2019, at 6.00. 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 | $690,105 | $1,177,068 | $5,499,735 | 253 | 253 | 1.71 |
| 2016 | $459,748 | $625,478 | $3,606,015 | 120 | 118 | 1.36 |
| 2017 | $949,554 | $1,509,006 | $8,086,767 | 271 | 271 | 1.59 |
| 2018 | $322,315 | $796,806 | $2,811,543 | 158 | 158 | 2.47 |
| 2019 | $1,325,533 | $7,952,536 | $9,545,205 | 488 | 488 | 6.00 |
| 2020 | $782,777 | $1,455,371 | $7,976,745 | 155 | 155 | 1.86 |
| 2021 | $633,792 | $433,531 | $5,961,450 | 93 | 92 | 0.68 |
| 2022 | $908,513 | $854,925 | $7,326,199 | 125 | 125 | 0.94 |
| 2023 | $871,020 | $989,925 | $7,578,184 | 171 | 171 | 1.14 |
| 2024 | $645,279 | $833,819 | $5,818,510 | 241 | 241 | 1.29 |
Commodities insured in Lorain 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.
Soybeans 10 years filed
- 0.65Low end of the filed band
- 1.06Middle of the filed band
- 1.50High end of the filed band
- 2019Worst year filed (6.23)
- 10Years filed
- $4,657,071Premium filed
- $8,754,784Indemnity paid
- $39,812,934Liability insured
- 106,406Quantity planted
- 82,213Quantity lost
- 1,111Policies
- 1,108Policies with a loss
- 1.88Loss ratio, whole span
Causes that carried the indemnity in Lorain County
- Excess Moisture/Precipitation/Rain $7,152,521 indemnity · 10 years
- Drought $1,078,471 indemnity · 10 years
- Decline in Price $326,465 indemnity · 7 years
- Cold Wet Weather $75,242 indemnity · 4 years
- Flood $47,736 indemnity · 2 years
- Wildlife $38,955 indemnity · 4 years
Corn 10 years filed
- 0.33Low end of the filed band
- 2.00Middle of the filed band
- 4.35High end of the filed band
- 2019Worst year filed (5.99)
- 10Years filed
- $2,612,912Premium filed
- $7,009,704Indemnity paid
- $22,528,639Liability insured
- 48,751Quantity planted
- 43,935Quantity lost
- 733Policies
- 733Policies with a loss
- 2.68Loss ratio, whole span
Causes that carried the indemnity in Lorain County
- Excess Moisture/Precipitation/Rain $5,728,019 indemnity · 10 years
- Drought $730,522 indemnity · 8 years
- Decline in Price $211,846 indemnity · 8 years
- Mycotoxin $169,922 indemnity · 3 years
- Cold Wet Weather $113,197 indemnity · 5 years
- Wildlife $19,726 indemnity · 4 years
Wheat 10 years filed
- 0.99Low end of the filed band
- 1.91Middle of the filed band
- 3.95High end of the filed band
- 2019Worst year filed (4.19)
- 10Years filed
- $318,653Premium filed
- $863,977Indemnity paid
- $1,868,780Liability insured
- 7,759Quantity planted
- 7,759Quantity lost
- 231Policies
- 231Policies with a loss
- 2.71Loss ratio, whole span
Causes that carried the indemnity in Lorain County
- Excess Moisture/Precipitation/Rain $486,221 indemnity · 10 years
- Cold Wet Weather $313,552 indemnity · 7 years
- Decline in Price $23,642 indemnity · 5 years
- Cold Winter $19,258 indemnity · 2 years
- Drought $12,677 indemnity · 3 years
- Freeze $5,246 indemnity · 1 years
Every county-crop the agency files in Ohio → Buy the Lorain 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.