Crop-loss band · Utah
Millard County, Utah — crop-loss band
- 1.31Low end of the filed band
- 1.55Middle of the filed band
- 2.47High end of the filed band
- 2020Worst year filed (3.01)
- 10Years filed
Every year the Risk Management Agency has filed for Millard County is in the series below, from 2019 to 2024. Read across those years the county’s annual loss ratio — indemnity divided by premium — runs from 1.31 at the low end to 2.47 at the high end, with 1.55 in the middle. The worst year filed is 2020, at 3.01. 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 | $343,154 | $838,068 | $1,692,990 | 7 | 7 | 2.44 |
| 2016 | $425,484 | $580,774 | $2,882,216 | 24 | 24 | 1.37 |
| 2017 | $407,125 | $811,816 | $3,246,074 | 24 | 24 | 1.99 |
| 2018 | $593,444 | $776,973 | $3,910,455 | 35 | 35 | 1.31 |
| 2019 | $375,788 | $582,594 | $1,789,713 | 55 | 55 | 1.55 |
| 2020 | $2,008,878 | $6,051,089 | $8,974,519 | 172 | 172 | 3.01 |
| 2021 | $1,977,881 | $4,891,717 | $9,109,735 | 172 | 172 | 2.47 |
| 2022 | $2,782,376 | $6,710,833 | $12,415,225 | 348 | 348 | 2.41 |
| 2023 | $2,354,755 | $3,505,457 | $10,293,566 | 256 | 256 | 1.49 |
| 2024 | $2,753,031 | $4,081,963 | $12,093,827 | 255 | 255 | 1.48 |
Commodities insured in Millard 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.
Pasture,Rangeland,Forage 6 years filed
- 1.46Low end of the filed band
- 1.54Middle of the filed band
- 3.01High end of the filed band
- 2020Worst year filed (3.01)
- 6Years filed
- $12,120,179Premium filed
- $25,529,811Indemnity paid
- $53,524,804Liability insured
- 7,291,824Quantity planted
- 0Quantity lost
- 1,233Policies
- 1,233Policies with a loss
- 2.11Loss ratio, whole span
Causes that carried the indemnity in Millard County
- ARPI/SCO/STAX/MP Crops Only $25,529,811 indemnity · 6 years
All Other Crops 9 years filed
- 1.16Low end of the filed band
- 1.97Middle of the filed band
- 4.82High end of the filed band
- 2022Worst year filed (4.82)
- 9Years filed
- $1,901,737Premium filed
- $3,301,473Indemnity paid
- $12,883,516Liability insured
- 615,048Quantity planted
- 1,533Quantity lost
- 115Policies
- 115Policies with a loss
- 1.74Loss ratio, whole span
Causes that carried the indemnity in Millard County
- ARPI/SCO/STAX Crops Only $1,917,711 indemnity · 6 years
- Decline in Price $827,660 indemnity · 2 years
- Failure of Irrigation Supply $211,831 indemnity · 5 years
- Cold Winter $92,795 indemnity · 1 years
- Heat $89,692 indemnity · 4 years
- Hot Wind $49,397 indemnity · 1 years
Every county-crop the agency files in Utah → Buy the Millard 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.