Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

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

Indemnities

YearIndemnitiesPolicies
1995$43,46025
1996$9,75836
1997$6,77193
1998$39,349215
1999$27,765222
2000$1,81890
2001$26,72080
2002$5,89791
2003$30,483100
2004$29,73797
2005$37,54194
2006$26,825101
2007$25,725107
2008$471,915111
2009$329,478139
2010$470,445130
2011$593,261129
2012$121,865128
2013$207,233117
2014$1,287,841208
2015$1,701,319185
2016$298,839175
2017$1,359,101163
2018$3,002,722165
1995-2018$12,928,6563,200

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

AgMag