News

Crop insurance Performance in 2015: Low Losses Predominate


Reasonably complete 2015 crop insurance payment information now exists, allowing for an assessment of loss performance in 2015. Overall, losses across all U.S. policies were below average. Corn, soybeans, and cotton had low losses. Rice and peanuts had high losses. Most of the western corn-belt had low losses. In the corn-belt, large losses occurred in Missouri and in a band of counties in northeast Illinois, northern Indiana, and northwest Ohio. Over the past decade, loss ratios averaged less than total payments.

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