Crop Insurance

Alabama

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities
CropIndemnities
1995-2017
Policies
Cotton$375,051,79783,641
Peanuts$261,236,81752,097
Corn$110,835,30065,647
Miscellaneous Crops$55,916,10822,218
Soybeans$47,520,21460,982
Wheat$23,417,77331,171
Peaches$11,739,468997
Pasture, Rangeland, Forage$8,394,1123,257
Potatoes$7,027,465545
Watermelons$2,740,09838
Pecans$2,617,142838
Grain Sorghum$1,065,9597,709
Sweetpotatoes$1,059,85644
Nursery (FG&C)$854,733295
Canola$574,983978
Oats$558,3418,577
Fresh Market Tomatoes$269,67495
Popcorn$58,529117
Winter Squash$16,66710
Income Protection Cotton$11,80966
Whole Farm Revenue Protection$10,17510
Tobacco$9,2209
Nursery (container)$2,498173
Fresh Market Sweet Corn$75017
1995-2017$910,989,488339,531

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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