Crop Insurance

Duval County, Texas

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Duval County, Texas

Indemnities

YearIndemnitiesPolicies
1995$1,309,833307
1996$1,642,386268
1997$988,478235
1998$1,086,543256
1999$8,058,721285
2000$728,788275
2001$432,809237
2002$680,336254
2003$234,490179
2004$264,046165
2005$68,033128
2006$363,914113
2007$366,301125
2008$952,561123
2009$1,445,170173
2010$796,414196
2011$2,500,474183
2012$1,420,917207
2013$1,617,371203
2014$582,392180
2015$543,274150
2016$141,365129
2017$417,368109
1995-2017$26,641,9844,480

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

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