Crop-loss band · Ohio
Madison County, Ohio — crop-loss band
- 0.78Low end of the filed band
- 1.46Middle of the filed band
- 2.55High end of the filed band
- 2019Worst year filed (2.58)
- 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 0.78 at the low end to 2.55 at the high end, with 1.46 in the middle. The worst year filed is 2019, at 2.58. 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 | $1,298,405 | $3,310,492 | $18,720,803 | 228 | 228 | 2.55 |
| 2016 | $827,495 | $1,115,636 | $13,603,786 | 132 | 132 | 1.35 |
| 2017 | $2,864,985 | $2,784,551 | $44,790,968 | 460 | 460 | 0.97 |
| 2018 | $826,306 | $2,080,178 | $14,246,199 | 131 | 131 | 2.52 |
| 2019 | $2,885,230 | $7,436,130 | $44,365,143 | 646 | 645 | 2.58 |
| 2020 | $1,928,494 | $3,760,448 | $33,287,718 | 343 | 341 | 1.95 |
| 2021 | $1,376,488 | $1,076,621 | $21,045,218 | 155 | 155 | 0.78 |
| 2022 | $2,690,536 | $3,922,553 | $30,262,452 | 320 | 320 | 1.46 |
| 2023 | $1,801,045 | $1,634,048 | $23,484,335 | 213 | 213 | 0.91 |
| 2024 | $4,897,554 | $12,423,077 | $67,426,212 | 750 | 750 | 2.54 |
Commodities insured in Madison 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.
Soybeans 10 years filed
- 0.88Low end of the filed band
- 1.26Middle of the filed band
- 2.88High end of the filed band
- 2024Worst year filed (3.02)
- 10Years filed
- $11,215,726Premium filed
- $22,755,592Indemnity paid
- $167,120,660Liability insured
- 331,779Quantity planted
- 268,799Quantity lost
- 1,886Policies
- 1,883Policies with a loss
- 2.03Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Drought $10,139,550 indemnity · 8 years
- Excess Moisture/Precipitation/Rain $8,157,457 indemnity · 10 years
- ARPI/SCO/STAX/MP Crops Only $2,590,440 indemnity · 4 years
- Decline in Price $1,163,266 indemnity · 8 years
- Cold Wet Weather $344,493 indemnity · 7 years
- Hurricane $151,735 indemnity · 1 years
Corn 10 years filed
- 0.45Low end of the filed band
- 1.54Middle of the filed band
- 2.60High end of the filed band
- 2015Worst year filed (2.90)
- 10Years filed
- $10,180,812Premium filed
- $16,788,142Indemnity paid
- $144,112,174Liability insured
- 215,192Quantity planted
- 174,185Quantity lost
- 1,492Policies
- 1,492Policies with a loss
- 1.65Loss ratio, whole span
Causes that carried the indemnity in Madison County
- Excess Moisture/Precipitation/Rain $6,709,323 indemnity · 10 years
- Drought $5,326,900 indemnity · 8 years
- ARPI/SCO/STAX Crops Only $2,541,366 indemnity · 6 years
- Decline in Price $1,599,469 indemnity · 9 years
- Cold Wet Weather $177,185 indemnity · 6 years
- Hurricane $122,494 indemnity · 1 years
Every county-crop the agency files in Ohio → 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.