Crop-loss band · Minnesota
Green Peas in Minnesota
- 1.89Low end of the filed band
- 2.18Middle of the filed band
- 3.24High end of the filed band
- 2015Worst year filed (3.95)
- 10Years filed
Every year the Risk Management Agency has filed for Green Peas in Minnesota, summed across the 17 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.89 at the low end to 3.24 at the high end, with 2.18 in the middle. The worst year filed is 2015, at 3.95.
- $11,344,041Premium filed
- $27,531,240Indemnity paid
- $60,589,113Liability insured
- 3,190Policies
- 3,175Policies with a loss
- 147,734Quantity planted
- 147,705Quantity lost
Green Peas in Minnesota, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $451,324 | $1,781,219 | $2,710,246 | 201 | 201 | 3.95 |
| 2016 | $643,760 | $2,087,259 | $3,908,679 | 262 | 262 | 3.24 |
| 2017 | $448,764 | $975,579 | $2,370,205 | 138 | 138 | 2.17 |
| 2018 | $1,563,574 | $4,483,911 | $8,113,452 | 548 | 539 | 2.87 |
| 2019 | $1,374,473 | $2,751,442 | $6,755,799 | 590 | 584 | 2.00 |
| 2020 | $1,205,859 | $2,622,911 | $6,522,348 | 302 | 302 | 2.18 |
| 2021 | $1,777,051 | $3,468,721 | $9,498,346 | 402 | 402 | 1.95 |
| 2022 | $2,049,140 | $3,866,067 | $11,225,725 | 281 | 281 | 1.89 |
| 2023 | $1,001,528 | $2,863,328 | $4,972,054 | 215 | 215 | 2.86 |
| 2024 | $828,569 | $2,630,803 | $4,512,259 | 251 | 251 | 3.18 |
Every county-crop the agency files in Minnesota → 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.