Background Information

Total Costs

Indemnities

Administrative and Operating Expense Reimbursements

Premium Subsidy

Farmer Premiums

Indemnities Paid to Farmers by the Crop Insurance Program in Pepin County, Wisconsin

Indemnities

YearIndemnitiesPolicies
1995$18,186584
1996$2,682467
1997$0246
1998$43,015233
1999$0236
2000$28,630267
2001$222,107245
2002$16,910251
2003$731,909251
2004$206,805255
2005$147,113263
2006$706,091271
2007$1,047,727260
2008$1,217,225269
2009$232,506290
2010$37,865282
2011$65,749282
2012$1,273,200299
2013$3,620,947318
2014$1,761,381334
2015$41,170351
2016$96,982335
2017$199,963321
1995-2017$11,718,1636,910

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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