Crop Insurance

Hawaii

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Hawaii

Indemnities

YearIndemnitiesPolicies
1995$0182
1996$30,694161
1997$12,906136
1998$073
1999$160,358127
2000$609,139131
2001$1,523,019128
2002$727,532128
2003$1,118,834131
2004$614,543132
2005$387,341140
2006$170,235141
2007$28,209190
2008$1,809,650197
2009$717,155197
2010$984,974190
2011$2,627,456210
2012$796,124180
2013$266,099132
2014$1,750,572174
2015$667,210201
2016$1,012,252207
2017$895,625184
1995-2017$16,909,9273,672

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 1995-2017 is $14.6 billion.

 

Farm Subsidies Education

AgMag