Crop Insurance

Starr 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 Starr County, Texas

Indemnities

YearIndemnitiesPolicies
1995$4,366,182233
1996$4,086,529215
1997$2,536,701265
1998$4,075,620300
1999$2,148,537287
2000$1,858,406299
2001$2,430,592265
2002$3,115,497302
2003$2,027,455213
2004$2,457,808266
2005$1,696,682247
2006$4,844,837249
2007$680,152265
2008$2,400,523264
2009$3,377,989308
2010$1,973,106344
2011$8,256,045336
2012$2,883,147404
2013$6,422,404405
2014$5,247,055432
2015$2,753,919394
2016$2,514,506328
2017$4,219,500309
2018$4,186,192295
1995-2018$80,559,3847,225

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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