Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

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

Indemnities

YearIndemnitiesPolicies
1995$85,472258
1996$124,373147
1997$9,51693
1998$82,42943
1999$190,93397
2000$738,008101
2001$1,045,509102
2002$217,823137
2003$410,456156
2004$370,594149
2005$581,174139
2006$431,604152
2007$483,040151
2008$304,858146
2009$532,322183
2010$3,710,575193
2011$738,046211
2012$776,627215
2013$835,562232
2014$4,540,867247
2015$5,334,085274
2016$2,847,549275
2017$1,384,339274
2018$5,638,529229
1995-2018$31,414,2904,204

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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