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Insurance News from Farm Insurance Online

Farm Insurance Online is pleased to present the latest financial news headlines.

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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Navigating the Rise in Strata Insurance Premiums: Causes and Solutions
Navigating the Rise in Strata Insurance Premiums: Causes and Solutions
30 Apr 2026: Paige Estritori
In recent years, many Australian strata property owners have faced significant increases in insurance premiums, with some experiencing hikes of 40-80% since 2022. Understanding the underlying causes of these increases is crucial for developing effective strategies to manage and mitigate costs. - read more
Consumer Advocates Call for Ban on Conflicted Strata Broker Payments
Consumer Advocates Call for Ban on Conflicted Strata Broker Payments
30 Apr 2026: Paige Estritori
Consumer advocacy groups are urging the National Insurance Brokers Association (NIBA) to explicitly prohibit conflicted remuneration arrangements in strata insurance. This call comes amid concerns that such financial practices may compromise the interests of strata property owners. - read more
Potential Crisis Looms Over Strata Industry Amid Proposed Insurance Commission Reforms
Potential Crisis Looms Over Strata Industry Amid Proposed Insurance Commission Reforms
30 Apr 2026: Paige Estritori
The strata management sector in Australia is at a crossroads, with proposed reforms to eliminate insurance commissions sparking concerns about the industry's future viability. Bobby Lehane, CEO of PICA Group, has issued a stark warning that removing these commissions could lead to a decline similar to that experienced by the aged care industry. - read more
Significant Decline in Australian Commercial Insurance Rates in Early 2026
Significant Decline in Australian Commercial Insurance Rates in Early 2026
30 Apr 2026: Paige Estritori
In the first quarter of 2026, Australia's commercial insurance market experienced a notable decline in rates, with an average decrease of 12%, as reported by Marsh's latest Global Insurance Market Index. This trend marks a continuation of the previous quarter's downward trajectory, offering potential relief to businesses grappling with insurance costs. - read more
Anticipated Decline in Renewable Energy Insurance Premiums Across Australia in 2026
Anticipated Decline in Renewable Energy Insurance Premiums Across Australia in 2026
30 Apr 2026: Paige Estritori
In a positive development for Australia's renewable energy sector, insurance premiums for large-scale solar, wind, and battery projects are forecast to decline in 2026. This trend reflects the maturation of the industry and the accumulation of operational data, which have contributed to a more favorable risk assessment by insurers. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Farm Insurance Articles

Comparing Insurance Options for Mixed Farming: What Rural Owners Need to Know
Comparing Insurance Options for Mixed Farming: What Rural Owners Need to Know
Welcome to our comprehensive guide on comparing insurance options for mixed farming. As a rural farm owner, you face unique challenges that require specialized insurance coverage to protect your livelihood. - read more
Preparing for the Unexpected: A Farmer's Guide to Comprehensive Weather-Related Insurance
Preparing for the Unexpected: A Farmer's Guide to Comprehensive Weather-Related Insurance
Farmers are no strangers to the whims of nature. The weather, with its unpredictable temperament, can have a profound impact on farming operations. A single storm can lay waste to crops, while a prolonged drought can jeopardize the health of livestock and lead to severe economic strain. Understandably, the uncertainty that weather brings is one of the largest variables in a farmer's success equation. - read more
Understanding the Different Types of Farm Insurance Coverage
Understanding the Different Types of Farm Insurance Coverage
In the world of farming, risks are an everyday reality. Whether you're dealing with unpredictable weather, pest invasions, or fluctuating market prices, the uncertainties can be overwhelming. This is where farm insurance comes into play. - read more
The Rural Farmer’s Handbook to Affordable Farm Insurance
The Rural Farmer’s Handbook to Affordable Farm Insurance
As a rural farmer, protecting your livelihood should be a top priority. Farm insurance is crucial because it safeguards your investment and income against unforeseen events such as natural disasters, accidents, and theft. - read more
Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
Welcome to a critical discussion surrounding the stability and protection of your farming enterprise. In the unpredictable world of agriculture, insurance plays a pivotal role in safeguarding the future of your business. As we delve into the intricacies of insurance coverage, we aim to establish a strong foundation for enduring success in the farming industry. - read more

Knowledgebase
Income Insurance:
Insures your income in the event of you being unable to work due to sickness or accident.