Crop Insurance

Florida

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2018
Policies
Nursery (FG&C)$92,070,99924,631
Orange Trees$58,352,83349,719
Fresh Market Tomatoes$34,692,2064,189
Miscellaneous Crops$29,303,14716,453
Cotton$23,675,23118,282
Peanuts$16,001,34825,670
Peppers$15,753,3762,522
Pasture, Rangeland, Forage$14,642,0175,033
Citrus II$12,368,17725,287
Potatoes$10,019,8621,462
Citrus$9,034,6758,988
Nursery (container)$8,265,2774,106
Citrus I$8,131,38631,933
Grapefruit Trees$8,124,83312,210
Sugarcane$7,633,7952,904
Oranges$7,589,7029,286
Citrus VII$6,926,36214,956
Fresh Market Sweet Corn$6,125,2233,079
All Other Citrus Trees$3,308,45212,681
Strawberries$2,983,189884
Corn$2,128,95118,106
Fresh Market Beans$2,097,907468
Grapefruit$2,000,6811,642
Apiculture$1,923,1191,266
Citrus V$1,718,3305,504
Clams$1,639,3822,609
Avocado Trees$1,611,2423,965
Soybeans$1,600,95813,075
Citrus IV$1,513,55412,012
Whole Farm Revenue Protection$1,032,467113
Blueberries$874,726635
Flue Cured Tobacco$740,5751,894
Avocados$643,6641,399
Wheat$436,2095,765
Watermelons$360,316127
Tangors$315,892894
Cabbage$265,440268
Lime Trees$191,719427
Rice$188,844375
Mandarines/Tangerines$152,247906
Citrus VIII$140,6821,361
Tobacco$116,387484
Citrus III$61,8461,210
Pecans$59,54958
Mango Trees$57,037640
Adjusted Gross Revenue-lite$53,24421
Tangelos$50,400733
Carambola Trees$43,980296
Oats$26,7513,249
Grain Sorghum$13,1041,328
Cucumbers$7,9724
Lemon Trees$4,4828
1995-2018$397,073,745355,117

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.

 

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