Crop-loss band · California
Cotton Ex Long Staple in California
- 3.22Low end of the filed band
- 3.91Middle of the filed band
- 4.24High end of the filed band
- 2023Worst year filed (5.04)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton Ex Long Staple in California, summed across the 5 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 3.22 at the low end to 4.24 at the high end, with 3.91 in the middle. The worst year filed is 2023, at 5.04.
- $134,624,247Premium filed
- $551,490,237Indemnity paid
- $636,429,599Liability insured
- 2,095Policies
- 2,095Policies with a loss
- 610,697Quantity planted
- 610,741Quantity lost
Cotton Ex Long Staple in California, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $21,533,402 | $87,723,452 | $89,577,349 | 313 | 313 | 4.07 |
| 2016 | $12,818,224 | $54,391,374 | $58,579,017 | 251 | 251 | 4.24 |
| 2017 | $2,949,588 | $11,162,924 | $25,575,122 | 125 | 125 | 3.78 |
| 2018 | $4,444,463 | $18,401,174 | $19,077,075 | 111 | 111 | 4.14 |
| 2019 | $1,811,060 | $6,834,594 | $13,817,119 | 90 | 90 | 3.77 |
| 2020 | $9,638,990 | $36,753,098 | $38,405,756 | 227 | 227 | 3.81 |
| 2021 | $15,999,307 | $64,608,648 | $65,680,517 | 180 | 180 | 4.04 |
| 2022 | $21,753,561 | $85,088,164 | $89,386,107 | 199 | 199 | 3.91 |
| 2023 | $25,125,463 | $126,741,315 | $145,461,629 | 351 | 351 | 5.04 |
| 2024 | $18,550,189 | $59,785,494 | $90,869,908 | 248 | 248 | 3.22 |
Every county-crop the agency files in California → Buy one county-crop’s 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, summed to the commodity and state. The loss ratio is the agency’s own published column, re-derived at this grain.