Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Contra Costa County, California

Indemnities

YearIndemnitiesPolicies
1995$17,23035
1996$53,50335
1997$8,64937
1998$21,65016
1999$050
2000$596,10052
2001$1,250,95793
2002$271,09098
2003$55,01976
2004$43,53551
2005$730,14853
2006$73,17158
2007$73,77153
2008$37,38557
2009$66,99661
2010$117,45458
2011$285,38862
2012$122,74063
2013$854,25564
2014$517,37468
2015$1,674,71283
2016$1,534,80484
2017$1,612,91381
2018$684,85285
1995-2018$10,703,6961,473

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 1995-2018 is $14.6 billion.

 

Farm Subsidies Education

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