Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Butler County, Alabama

Indemnities

YearIndemnitiesPolicies
1995$44,10783
1996$26955
1997$81,46449
1998$61,28849
1999$65,93652
2000$209,58152
2001$192,55251
2002$499,70845
2003$173,90452
2004$198,95450
2005$79,13946
2006$328,19049
2007$345,57950
2008$281,73258
2009$206,50153
2010$150,57950
2011$605,29354
2012$99,33956
2013$66,98865
2014$65,70969
2015$81,37277
2016$179,62383
2017$103,74277
1995-2017$4,121,5491,325

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.

 

Farm Subsidies Education

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