Crop Insurance

Nye County, Nevada

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) by County in Nye County, Nevada

Total Costs (see methodology)
CountyTotal Costs (see methodology)
1995-2018
Policies
Pershing County, Nevada$55,356,6732,853
Humboldt County, Nevada$26,992,565764
Elko County, Nevada$13,836,047132
Washoe County, Nevada$8,232,18390
Lander County, Nevada$6,645,67030
Nye County, Nevada$6,278,37524
Lyon County, Nevada$5,539,340183
Churchill County, Nevada$5,497,959279
White Pine County, Nevada$5,086,44838
Unknown county in Nevada$3,106,656238
Eureka County, Nevada$1,499,33642
Lincoln County, Nevada$1,277,12826
Mineral County, Nevada$1,238,62229
1995-2018$6,278,37524

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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