Crop Insurance

Alabama

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2017
Policies
Cotton$79,641,05783,641
Peanuts$38,368,77752,097
Soybeans$20,062,50760,982
Corn$19,052,46565,647
Miscellaneous Crops$13,379,34822,218
Wheat$6,080,73331,171
Peaches$1,862,192997
Pasture, Rangeland, Forage$1,558,1223,257
Potatoes$1,040,615545
Nursery (FG&C)$589,969295
Pecans$353,548838
Income Protection Cotton$164,19566
Grain Sorghum$162,8937,709
Nursery (container)$122,326173
Whole Farm Revenue Protection$109,31810
Sweetpotatoes$103,16244
Canola$89,320978
Oats$87,0328,577
Watermelons$82,64138
Fresh Market Tomatoes$37,36795
Popcorn$14,396117
Fresh Market Sweet Corn$9,28317
Tobacco$5,8499
Winter Squash$83610
1995-2017$182,977,952339,531

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 2008-2017 and from RMA previous to 2008) 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 1995-2017 is $14.6 billion.

 

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