Crop-loss band · New York
Processing Beans in New York
- 2.13Low end of the filed band
- 2.99Middle of the filed band
- 3.39High end of the filed band
- 2022Worst year filed (3.53)
- 10Years filed
Every year the Risk Management Agency has filed for Processing Beans in New York, summed across the 5 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 2.13 at the low end to 3.39 at the high end, with 2.99 in the middle. The worst year filed is 2022, at 3.53.
- $2,430,842Premium filed
- $6,920,939Indemnity paid
- $14,985,531Liability insured
- 439Policies
- 439Policies with a loss
- 25,331Quantity planted
- 25,355Quantity lost
Processing Beans in New York, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $206,967 | $566,790 | $1,627,340 | 37 | 37 | 2.74 |
| 2016 | $328,109 | $808,566 | $2,296,174 | 64 | 64 | 2.46 |
| 2017 | $171,256 | $573,495 | $851,539 | 41 | 41 | 3.35 |
| 2018 | $351,152 | $1,130,583 | $2,126,549 | 56 | 56 | 3.22 |
| 2019 | $245,277 | $521,534 | $1,413,006 | 45 | 45 | 2.13 |
| 2020 | $301,104 | $669,920 | $1,841,392 | 49 | 49 | 2.22 |
| 2021 | $367,200 | $1,096,914 | $2,035,428 | 54 | 54 | 2.99 |
| 2022 | $205,277 | $724,804 | $1,300,143 | 39 | 39 | 3.53 |
| 2023 | $166,390 | $529,877 | $895,066 | 26 | 26 | 3.18 |
| 2024 | $88,110 | $298,456 | $598,894 | 28 | 28 | 3.39 |
Every county-crop the agency files in New York → 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.