In this weeks Financial Services Online Insurance News Wrap, Paige Estritori discusses Insurance Australia Group's (IAG) boosted profit projections because of RACQ Insurance's integration and the impact on the transport sector. Next, the introduction of TLI Underwriting by Envest Group, a motor agency targeting large truck fleets, brings more specialised industry expertise. Serious concerns arise from research showing human error, primarily distraction, inattention, speeding, and inadequate following distances, are causing a rise in major truck accidents. Transport business owners are advised to mitigate these risks by improving driver training and utilizing technology. Lastly, the impact of climate change on home insurance in storm-prone areas is addressed, highlighting the need for improved building codes, infrastructure, and suitable insurance coverage as we shift to a low-carbon economy.

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