In this episode of Financial Services Online news wrap, Paige Estritori discusses key updates in finance, insurance and transport sectors in Australia. The Australian Trucking Association announces a $5 billion infrastructure upgrade plan, projected to boost productivity and cost efficiency. The Australian Securities and Investments Commission challenges RACQ Insurance over misleading premium information, reiterating the importance of industry transparency. Southern Cross Travel Insurance reports a sizable increase in travel insurance claims from Australians in Thailand, emphasizing comprehensive coverage. Australian company Open Insurance, associated with AI-driven Huddle, introduces a tech-enabled travel insurance product with features like instant claims technology and Smart Flight Delay benefits. For more industry updates, visit financialservicesonline.com.au.

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