Velarion Records

Crop-loss band · Maryland

Corn in Maryland

Every year the Risk Management Agency has filed for Corn in Maryland, summed across the 18 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.16 at the low end to 2.14 at the high end, with 1.68 in the middle. The worst year filed is 2024, at 2.59.

Corn in Maryland, year by year

YearPremiumIndemnityLiabilityPoliciesPolicies with a lossLoss ratio
2015$488,014$755,156$2,871,4612212211.55
2016$3,046,103$3,520,721$22,439,0056156131.16
2017$1,141,207$1,704,104$8,917,4983503501.49
2018$4,406,572$8,877,128$41,661,6561,3011,2972.01
2019$1,893,566$3,152,848$16,665,2535815811.67
2020$3,036,773$5,986,169$25,709,9655945941.97
2021$1,078,234$2,310,395$7,911,6572022012.14
2022$2,056,550$3,623,258$17,008,3043533531.76
2023$6,684,373$11,227,598$54,697,4477317311.68
2024$9,101,827$23,536,766$79,240,7311,4791,4792.59

Every county-crop the agency files in Maryland →

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.

What this page shows

This page in the Velarion Records public-records register covers the Crop-loss band for Maryland Corn in Maryland. It lists a low end of the filed band of 1.16, a middle of the filed band of 1.68, and a high end of the filed band of 2.14, with 2024 as the worst year filed at 2.59. The figures include $32,933,218 premium filed, $64,694,143 indemnity paid, $277,122,978 liability insured, 6,427 policies, 6,420 policies with a loss, 521,913 quantity planted and 467,793 quantity lost.