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flag Few flood insurance claims filed in Queensland despite massive cattle losses and damage, as high costs deter coverage.

flag Few insurance claims have been filed after floods in northwest Queensland, despite tens of thousands of cattle lost and widespread damage, as many farmers—including major operators like the Australian Agricultural Company—lack flood coverage due to high costs and difficulty insuring mobile livestock. flag Rising premiums nationwide stem from more frequent floods, inflation, and higher asset values. flag Federal MP Bob Katter, a former insurer, supports public investment in dams to reduce flooding and boost irrigation, arguing such projects could pay for themselves. flag Meanwhile, Rural Aid and WFI Insurance are distributing emergency hay and mental health support, though road closures are delaying aid.

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