Crop Insurance

Starr 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 Starr County, Texas

Premium Subsidies

YearPremium SubsidiesPolicies
1995$505,023233
1996$571,434215
1997$639,051265
1998$736,939300
1999$700,032287
2000$622,662299
2001$1,092,261265
2002$1,087,165302
2003$1,125,923213
2004$1,246,578266
2005$854,839247
2006$1,622,978249
2007$1,090,140265
2008$1,389,487264
2009$2,391,221308
2010$2,392,819344
2011$3,987,553336
2012$3,396,640404
2013$3,950,057405
2014$4,525,288432
2015$3,236,712394
2016$3,000,292328
2017$3,379,690309
2018$3,441,994295
1995-2018$46,986,7787,225

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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