Go to Top
579,638,656 searches since Nov. 29, 2004

Indemnities Paid to Farmers by the Crop Insurance Program in Goodhue County, Minnesota

Indemnities
YearIndemnitiesPolicies
1995$184,0572,318
1996$407,2772,026
1997$183,8281,844
1998$214,2621,844
1999$154,6941,840
2000$437,4841,883
2001$1,598,0961,869
2002$321,9351,876
2003$2,420,6271,773
2004$2,370,8871,805
2005$613,5201,798
2006$844,4821,764
2007$1,877,0411,780
2008$13,280,7111,801
2009$732,1271,957
2010$200,8281,956
2011$2,636,0671,970
2012$4,179,7031,991

1995-2012$32,657,62634,095
METHODOLOGY: EWG obtained county level crop insurance information from USDA Risk Management Agency which shows premium subsidies, indemnities and farmer premiums at the county/crop level by crop year. Administrative and Operating Expense Reimbursements to crop insurance companies (A+O), Other program fund costs, Other administrative and operating fund costs expenses, and Government earned interest were allocated to the crop/county level by using the national expenditures/revenue of the Crop Insurance program (available here for 2003-2012 and from RMA previous to 2003) in each category and attributing them the crop/county level by total premiums. EWG was unable to attribute underwriting gains to the county/crop level. Underwriting gains (or losses) are paid to insurance companies when the insurance companies collect more in total subsidies than are paid out in indemnities. Since underwriting gains are paid by company on the basis of all of their policies, EWG was unable to allocate underwriting gains by crop or by region. The total underwriting gains for 1995-2012 is $11 billion.