Crop Insurance

California

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in California

Indemnities

YearIndemnitiesPolicies
1995$93,110,64336,106
1996$30,107,63234,144
1997$22,184,16834,384
1998$118,272,04733,379
1999$133,134,44837,994
2000$92,359,66035,947
2001$117,359,75636,310
2002$79,069,94835,213
2003$79,366,13534,096
2004$83,152,32333,690
2005$92,497,10732,930
2006$88,506,35332,479
2007$154,693,52431,762
2008$90,724,63631,521
2009$176,936,85932,992
2010$110,393,34631,208
2011$113,311,40532,664
2012$113,030,46533,209
2013$119,248,98427,619
2014$437,116,21334,481
2015$631,660,35233,729
2016$332,122,34133,370
2017$255,560,51832,383
1995-2017$3,563,918,863771,610

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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