Crop Insurance

Pope County, Illinois

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Pope County, Illinois

Indemnities

YearIndemnitiesPolicies
1995$120,010213
1996$147,210183
1997$157,432106
1998$111,415123
1999$113,824143
2000$40,465188
2001$25,449196
2002$192,017167
2003$208,651170
2004$87,489179
2005$38,663184
2006$66,211182
2007$184,411183
2008$190,217187
2009$336,328161
2010$407,990152
2011$237,754164
2012$1,452,809190
2013$237,893214
2014$343,956220
2015$485,558220
2016$506,039221
2017$301,666230
2018$396,095214
1995-2018$6,389,5524,390

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