Crop Insurance

Duval County, Texas

Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Total Costs (see methodology) of the Crop Insurance Program in Duval County, Texas

Total Costs (see methodology)

YearTotal Costs (see methodology)Policies
1995$1,231,542307
1996$1,467,154268
1997$797,647235
1998$871,625256
1999$7,046,634285
2000$486,854275
2001$369,276237
2002$617,545254
2003$193,405179
2004$229,863165
2005$46,429128
2006$330,657113
2007$248,877125
2008$847,301123
2009$1,154,768173
2010$440,276196
2011$2,066,092183
2012$984,930207
2013$1,093,062203
2014$205,059180
2015$221,839150
2016$-179,766129
2017$139,213109
1995-2017$20,910,2824,480

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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