Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in New Castle County, Delaware

Indemnities

YearIndemnitiesPolicies
1995$15,396279
1996$21,293245
1997$268,319142
1998$1,454127
1999$342,708134
2000$726175
2001$57,099172
2002$955,563157
2003$350,345169
2004$29,030164
2005$168,823158
2006$40,794165
2007$495,513157
2008$2,520,064160
2009$560,860190
2010$404,896204
2011$205,156225
2012$163,476228
2013$1,137,112234
2014$84,194240
2015$127,943234
2016$26,478217
2017$83,385197
2018$735,546191
1995-2018$9,390,4004,764

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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