Crop-loss band · Maryland
Corn in Maryland
- 1.16Low end of the filed band
- 1.68Middle of the filed band
- 2.14High end of the filed band
- 2024Worst year filed (2.59)
- 10Years filed
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.
- $32,933,218Premium filed
- $64,694,143Indemnity paid
- $277,122,978Liability insured
- 6,427Policies
- 6,420Policies with a loss
- 521,913Quantity planted
- 467,793Quantity lost
Corn in Maryland, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $488,014 | $755,156 | $2,871,461 | 221 | 221 | 1.55 |
| 2016 | $3,046,103 | $3,520,721 | $22,439,005 | 615 | 613 | 1.16 |
| 2017 | $1,141,207 | $1,704,104 | $8,917,498 | 350 | 350 | 1.49 |
| 2018 | $4,406,572 | $8,877,128 | $41,661,656 | 1,301 | 1,297 | 2.01 |
| 2019 | $1,893,566 | $3,152,848 | $16,665,253 | 581 | 581 | 1.67 |
| 2020 | $3,036,773 | $5,986,169 | $25,709,965 | 594 | 594 | 1.97 |
| 2021 | $1,078,234 | $2,310,395 | $7,911,657 | 202 | 201 | 2.14 |
| 2022 | $2,056,550 | $3,623,258 | $17,008,304 | 353 | 353 | 1.76 |
| 2023 | $6,684,373 | $11,227,598 | $54,697,447 | 731 | 731 | 1.68 |
| 2024 | $9,101,827 | $23,536,766 | $79,240,731 | 1,479 | 1,479 | 2.59 |
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.
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