Crop-loss band · Virginia
Flue Cured Tobacco in Virginia
- 3.79Low end of the filed band
- 4.80Middle of the filed band
- 5.95High end of the filed band
- 2015Worst year filed (6.91)
- 10Years filed
Every year the Risk Management Agency has filed for Flue Cured Tobacco in Virginia, summed across the 7 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 3.79 at the low end to 5.95 at the high end, with 4.80 in the middle. The worst year filed is 2015, at 6.91.
- $14,324,756Premium filed
- $69,002,169Indemnity paid
- $146,155,182Liability insured
- 2,778Policies
- 2,778Policies with a loss
- 39,816Quantity planted
- 39,910Quantity lost
Flue Cured Tobacco in Virginia, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $728,565 | $5,032,622 | $10,179,306 | 283 | 283 | 6.91 |
| 2016 | $1,270,043 | $7,552,522 | $16,706,943 | 389 | 389 | 5.95 |
| 2017 | $1,429,549 | $7,152,748 | $15,283,192 | 247 | 247 | 5.00 |
| 2018 | $2,341,977 | $12,200,559 | $26,247,832 | 510 | 510 | 5.21 |
| 2019 | $1,902,653 | $9,560,678 | $20,160,889 | 328 | 328 | 5.02 |
| 2020 | $1,356,467 | $5,577,462 | $11,905,569 | 225 | 225 | 4.11 |
| 2021 | $758,902 | $2,935,764 | $7,062,666 | 94 | 94 | 3.87 |
| 2022 | $1,271,631 | $4,818,127 | $9,781,867 | 223 | 223 | 3.79 |
| 2023 | $1,634,470 | $6,353,496 | $12,552,822 | 226 | 226 | 3.89 |
| 2024 | $1,630,499 | $7,818,191 | $16,274,097 | 253 | 253 | 4.80 |
Every county-crop the agency files in Virginia → 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.