Federal Data HubUSDA Crop Insurance · JSON

New London, CT

Federal crop insurance · Summary of Business · 2022–2023

Insured liability
$3,840,594
Total premium
$161,017
Indemnities paid
$126,281
Loss ratio
0.7843 (indemnities ÷ premium)

Top insured crops

CropInsured liability
All Other Crops$3,840,594

The USDA Risk Management Agency's Summary of Business reports federal crop-insurance activity for every county. "Liability" is the insured value, "premium" the total cost (most of it federally subsidized), "indemnities" the claims paid for crop losses, and the "loss ratio" (indemnities ÷ premium) shows how claim-heavy a county is — values above 1.0 mean payouts exceeded premiums.

Source: USDA RMA Summary of Business. License: CC0 1.0.