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Crop-loss band · Texas
Irion County, Texas — crop-loss band
- 1.16Low end of the band
- 1.77Middle of the band
- 2.41High end of the band
- 2022Worst year (2.41)
- 8Years filed
What stands out
- Between its 2023 and 2024 filings its loss ratio fell from 1.70 to 1.45 and its premium fell from $384,561 to $274,662.
- Its middle loss ratio of 1.77 ranks 122nd highest of the 177 counties in Texas with a filed crop-loss record.
- Its 2 commodities are the fewest of Texas’s 177 county records; the most is 12.
- Across its 8 filed years it paid $3,551,491 of indemnity on $1,840,567 of premium, a loss ratio of 1.93.
- Every one of its 8 filed years ran a loss ratio above 1.0; its lowest was 1.16 in 2016 and its highest 2.41 in 2022.
Every line is computed by formula from this county’s own filed figures; nothing is estimated.
Irion County by filed year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $42,274 | $74,776 | $143,146 | 17 | 17 | 1.77 |
| 2016 | $98,995 | $114,770 | $330,104 | 37 | 37 | 1.16 |
| 2017 | $128,322 | $291,002 | $463,342 | 33 | 33 | 2.27 |
| 2020 | $184,206 | $347,805 | $697,289 | 43 | 43 | 1.89 |
| 2021 | $224,189 | $460,435 | $828,228 | 44 | 44 | 2.05 |
| 2022 | $503,358 | $1,211,450 | $1,850,264 | 105 | 105 | 2.41 |
| 2023 | $384,561 | $652,930 | $1,444,506 | 66 | 66 | 1.70 |
| 2024 | $274,662 | $398,323 | $1,063,554 | 65 | 65 | 1.45 |
2 commodities insured in Irion County
| Commodity | Years | Low | Middle | High | Worst year | Whole span |
|---|---|---|---|---|---|---|
| Pasture,Rangeland,Forage | 8 | 0.32 | 1.46 | 2.40 | 2022 (2.40) | 1.70 |
| Cotton | 8 | 0.66 | 2.23 | 2.93 | 2021 (2.93) | 2.31 |
| Commodity | Premium | Indemnity | Liability | Planted | Lost | Policies | With a loss |
|---|---|---|---|---|---|---|---|
| Pasture,Rangeland,Forage | $1,152,610 | $1,964,961 | $5,052,837 | 372,296 | 0 | 285 | 285 |
| Cotton | $687,957 | $1,586,530 | $1,767,596 | 9,791 | 13,151 | 125 | 125 |
Causes that carried Irion County’s indemnity
Pasture,Rangeland,Forage
- ARPI/SCO/STAX Crops Only $1,964,961 indemnity · 8 years
Cotton
- Drought $1,272,268 indemnity · 8 years
- ARPI/SCO/ECO/STAX/MP/HIP-WI/PACE Crops Only $212,106 indemnity · 3 years
- Excess Moisture/Precipitation/Rain $46,167 indemnity · 3 years
- Hot Wind $37,307 indemnity · 2 years
- Wildlife $9,829 indemnity · 1 years
- Heat $7,900 indemnity · 1 years
All county-crop bands in Texas →
Source: USDA Risk Management Agency, Cause of Loss Summary of Business. Methodology.