Crop-loss band · Louisiana
Rice in Louisiana
- 3.81Low end of the filed band
- 6.10Middle of the filed band
- 7.22High end of the filed band
- 2022Worst year filed (8.21)
- 10Years filed
Every year the Risk Management Agency has filed for Rice in Louisiana, summed across the 21 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 3.81 at the low end to 7.22 at the high end, with 6.10 in the middle. The worst year filed is 2022, at 8.21.
- $45,648,424Premium filed
- $267,208,396Indemnity paid
- $586,755,345Liability insured
- 5,368Policies
- 5,338Policies with a loss
- 790,071Quantity planted
- 888,091Quantity lost
Rice in Louisiana, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,129,246 | $7,363,174 | $23,652,954 | 286 | 284 | 6.52 |
| 2016 | $2,213,428 | $14,285,162 | $36,540,345 | 449 | 444 | 6.45 |
| 2017 | $1,072,747 | $5,691,490 | $17,130,241 | 268 | 264 | 5.31 |
| 2018 | $1,343,711 | $5,123,964 | $17,531,990 | 208 | 204 | 3.81 |
| 2019 | $3,575,653 | $25,827,298 | $62,427,385 | 710 | 706 | 7.22 |
| 2020 | $7,608,047 | $36,780,613 | $71,987,698 | 753 | 746 | 4.83 |
| 2021 | $5,782,829 | $35,253,056 | $63,659,601 | 763 | 759 | 6.10 |
| 2022 | $3,942,514 | $32,354,525 | $75,258,151 | 498 | 498 | 8.21 |
| 2023 | $5,263,218 | $35,882,649 | $95,391,037 | 522 | 522 | 6.82 |
| 2024 | $13,717,032 | $68,646,465 | $123,175,943 | 911 | 911 | 5.00 |
Every county-crop the agency files in Louisiana → 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.