Crop Insurance

Brown County, Texas

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Premium Subsidies Calculated by the Crop Insurance Program in Brown County, Texas

Premium Subsidies

YearPremium SubsidiesPolicies
1995$85,989266
1996$85,862251
1997$58,219232
1998$47,142161
1999$55,311199
2000$78,551251
2001$88,605275
2002$68,953312
2003$83,202288
2004$80,163289
2005$45,463237
2006$87,861209
2007$213,810193
2008$211,631145
2009$264,120135
2010$194,262122
2011$241,570129
2012$300,520139
2013$239,080138
2014$238,689124
2015$223,329124
2016$235,885103
2017$232,29287
2018$102,02281
1995-2018$3,562,5314,490

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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