In this episode of the Financial Services Online's Weekly Insurance News, we explore key stories from the Australian insurance industry. Talking points include the growing risk in the expanding trucking industry and the importance of updated insurance policies and risk management strategies. We also discuss the safety of electric vehicles, specifically debunking misconceptions behind the risk of battery fires. A legal dispute involving RACQ Insurance's allegedly misleading insurance premium rates is also discussed. Lastly, we evaluate the response to cyclone Alfred's aftermath, with over 53,000 insurance claims activated due to extensive flooding. The Insurance Council of Australia seeks interstate assistance, emphasizing the critical role of tradespeople in disaster response and the importance of adequate insurance.n

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