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Insurance News from Farm Insurance Australia

Farm Insurance Australia 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

Comprehensive Indemnity Insurance Now Available for Private Midwives
Comprehensive Indemnity Insurance Now Available for Private Midwives
28 Dec 2025: Paige Estritori
As of 1 July 2025, the Department of Health, Disability and Ageing has introduced a professional indemnity insurance (PII) product specifically designed for midwives providing intrapartum care. This development, under the Midwife Professional Indemnity Scheme (MPIS), ensures that private midwifery practitioners now have access to insurance coverage encompassing all facets of their practice, including intrapartum services. - read more
Australian Surgeons Confront Escalating Indemnity Insurance Costs
Australian Surgeons Confront Escalating Indemnity Insurance Costs
28 Dec 2025: Paige Estritori
In recent developments within the Australian healthcare sector, a significant number of bariatric surgeons are contemplating the future of their medical practices due to a substantial increase in indemnity insurance premiums and a rising incidence of legal claims. This trend poses potential challenges to the accessibility of obesity-related procedures for patients across the country. - read more
Health Insurance Premiums Expected to Surge by Over 10% in 2026
Health Insurance Premiums Expected to Surge by Over 10% in 2026
28 Dec 2025: Paige Estritori
Recent projections indicate that global health insurance costs are set to rise by 10.3% in 2026, marking a continuation of the upward trend observed in recent years. This follows a 10% increase in 2025 and a 9.5% rise in 2024, underscoring the sustained inflationary pressures faced by insurers and employer-sponsored health plans worldwide. - read more
Comprehensive Insurance Solutions for Fitness Professionals by Marsh
Comprehensive Insurance Solutions for Fitness Professionals by Marsh
28 Dec 2025: Paige Estritori
Marsh, a leading insurance broker, offers tailored insurance solutions designed specifically for fitness professionals across Australia. Recognising the unique risks associated with the fitness industry, Marsh provides comprehensive coverage options to safeguard personal trainers, gym owners, and other fitness practitioners. - read more
AUSactive's Professional Plus Membership: Comprehensive Support for Fitness Professionals
AUSactive's Professional Plus Membership: Comprehensive Support for Fitness Professionals
28 Dec 2025: Paige Estritori
AUSactive, Australia's peak body for the exercise and active health sector, has introduced the Professional Plus Membership, a comprehensive package designed to support fitness professionals in their careers. This membership combines the benefits of AUSactive's professional membership with an exclusive insurance policy tailored for those delivering fitness, exercise, and active health activities. - read more
FIT College's Student Insurance: Safeguarding Future Fitness Professionals
FIT College's Student Insurance: Safeguarding Future Fitness Professionals
28 Dec 2025: Paige Estritori
FIT College, a leading provider of fitness education in Australia, offers a Student Insurance program designed to protect aspiring fitness professionals during their studies. This initiative ensures that students enrolled in courses such as the Certificate III and IV in Fitness are covered for all training and assessment activities required by their curriculum. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums
Australian Insurers Achieve Record Profits Amid Rising Premiums
28 Dec 2025: Paige Estritori
In 2024, Australia's insurance sector reported an after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is primarily attributed to substantial premium hikes and a relatively calm year concerning natural disasters. - read more
Australian Insurers Leverage AI Innovations to Transform Services
Australian Insurers Leverage AI Innovations to Transform Services
28 Dec 2025: Paige Estritori
Insurance companies in Australia and New Zealand are increasingly investing in artificial intelligence (AI) technologies to become more data-driven and digital-first organizations. This shift aims to enhance efficiency, comply with evolving regulations, and meet changing consumer expectations. - read more
Australian Insurers Adjust Investment Portfolios as Inflation Concerns Subside
Australian Insurers Adjust Investment Portfolios as Inflation Concerns Subside
28 Dec 2025: Paige Estritori
According to the 2024 Australian Insurance Report, 43% of insurers are now aligning their investments with their risk budgets, a notable increase from 13% in 2023. This shift is driven by diminishing inflation and recession concerns, prompting insurers to explore new avenues for yield and diversification. - read more
Victoria's Insurance Monopoly Proposal: Implications for Builders
Victoria's Insurance Monopoly Proposal: Implications for Builders
28 Dec 2025: Paige Estritori
The Victorian Government has introduced the Building Legislation Amendment (Buyer Protections) Bill 2025, aiming to centralise domestic building insurance under the Victorian Building Authority (VBA). This move would eliminate competition, requiring builders to obtain coverage exclusively from the VBA. - 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

Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry is a transformative approach to land management that integrates trees into agricultural landscapes. In Australia, where farmers contend with variable climates and environmental challenges, agroforestry offers a resilient pathway to productivity and sustainability. - read more
5 Essential Farm Insurance Policies Every Australian Farmer Needs
5 Essential Farm Insurance Policies Every Australian Farmer Needs
Farming in Australia is not just a job, it's a way of life. However, it’s also a livelihood that comes with its own unique set of risks. From unexpected weather events to machinery breakdowns, the life of an Australian farmer is fraught with uncertainties. - read more
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
For Australian farmers, livestock is more than just a vital asset; it's the heartbeat of their livelihood. In a land where the sunburnt plains are as relentless as they are beautiful, protecting your herd isn't just a duty; it's a necessity. That's where livestock insurance comes into play—a shield against the unpredictability of Mother Nature. - read more
Insurance for Hobby Farms: Finding the Right Coverage
Insurance for Hobby Farms: Finding the Right Coverage
Hobby farming has become increasingly popular in Australia, with many individuals and families embracing the joys of growing their own produce, raising livestock, and enjoying a rural lifestyle. Whether it's a small vegetable garden, a few chickens, or a larger mixed farming operation, hobby farms offer both relaxation and a connection to nature. - read more
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
What Australian Farmers Should Know About Crop Insurance
What Australian Farmers Should Know About Crop Insurance
Crop insurance is a type of insurance policy designed to protect farmers from the financial losses that arise from damages to their crops. This could be due to various risks, including adverse weather conditions, pests, and diseases. - read more
Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Welcome to the world of farming, where the fruits of your labor are as tangible as the soil you till. But just as the land is subject to the whims of nature, so too is the business of agriculture. This is where farm insurance becomes essential. Farmers face a set of challenges and uncertainties unlike any other industry, primarily due to the unpredictable forces of weather. - read more
Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
Farming in Australia is more than just a way of life; it is a critical sector that supports the nation’s economy and food supply. However, managing a farm comes with its own set of unique risks. From natural disasters to equipment failures, farmers face numerous challenges that can impact their livelihood. - read more
Risk Management and Insurance Options for Farmers
Risk Management and Insurance Options for Farmers
Risk management is the practice of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. In farming, risk management involves various strategies to protect the financial health and operational stability of the farm. - read more
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
In the dynamic world of Australian agriculture, farm equipment plays a crucial role in the day-to-day operations of farms. From tractors to harvesters, having the right machinery means managing your farm more efficiently. However, the high value of this equipment makes it essential to protect it adequately through insurance. - read more


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Knowledgebase
Moral Hazard:
The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.