Crop Insurance

Tennessee

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Administrative and Operating Expense Reimbursements
CropAdministrative and Operating Expense Reimbursements
1995-2017
Policies
Soybeans$74,032,330115,993
Corn$50,579,694101,235
Cotton$35,956,83260,082
Burley Tobacco$23,918,12856,878
Wheat$13,804,89753,042
Miscellaneous Crops$10,375,26720,338
Nursery (FG&C)$5,234,6363,574
Fire Cured Tobacco$2,386,5358,870
Tobacco$1,403,54639,001
Grain Sorghum$660,81520,799
Fresh Market Tomatoes$593,480359
Pasture, Rangeland, Forage$565,444734
Whole Farm Revenue Protection$251,81738
Dark Air Tobacco$206,8573,791
Nursery (container)$138,39372
Rice$77,178203
Canola$43,79184
Popcorn$30,09033
Peaches$25,61041
Barley$19,460224
GRP Soybeans$4,05513
Processing Beans$1,73212
GRP Cotton$6794
1995-2017$220,311,265485,420

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.

 

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