Federal Data Hub › USDA Crop Insurance · JSON

Hancock, IL

Federal crop insurance · Summary of Business · 2022–2026

Insured liability: $946,317,041
Total premium: $58,860,218
Indemnities paid: $12,549,427
Loss ratio: 0.2132 (indemnities ÷ premium)

Top insured crops

Crop	Insured liability
Corn	$564,594,640
Soybeans	$375,650,760
Pasture,Rangeland,Forage	$4,302,760
Wheat	$1,752,629
All Other Crops	$16,252

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.