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The New Class Actions Law 


D&O Seminar

On 3rd April 2011 Levitan, Sharon & Co. held their D&O Seminar at the Dan Hotel in Tel Aviv.  Further detales.


Draft guidelines for insurance programmes

On 6th September 2011 the Israeli Commissioner of Insurance published draft guidelines for insurance programmes sold in Israel. The guidelines impose on insurers a wide duty of disclosure and clarity in drafting the wording of policies. Further detales.


AIDA Conference The annual conference of AIDA Israel took place on Thursday, 8 September 2011, at the Hilton Tel Aviv Hotel. The conference was organized Adv. Peggy Sharon and by Adv. Peter Gad Naschitz, both are members of the AIDA International Presidential Council. This year, for the first time, the conference was attended by the AIDA International Presidential Council members, including its president, Mr. Michael Gill of Australia. After competing with Greece, Turkey and Morocco to host the AIDA Conference in their respective countries, it was Adv. Peggy Sharon who convinced the Presidential Council to hold the conference in Israel. Over 130 attendees from South America, Australia, Japan, Turkey, Morocco, Greece, UK, Finland and Israel attended and enjoyed the conference.

 Further detales.


Consequential Losses Are they covered by Standard Product Liability Policy

In a recent judgement (June 2011) the Court of Appeals handed down its decision in C.A. 1228/08 Molram  Hoist & Lifting Equipment & others v. Bituach Haklai Ltd. & others which dealt with the question relating to the cover of Consequential Losses afforded by the product liability policy. Further detales.


Publications

Rachel Levitan has recently written the Israeli chapters in two insurance related Publication: "Insurance Portfolio Transfers: Move and Let Go", published by the International Bar Association and "Time bar in Insurance and Reinsurance" published by Clyde & Co.


Applicability of the Montreal Convention in Israel

A few months ago the Israeli Carriage by Air Law - 1980 was amended by applying the Montreal Convention to international and domestic carriage. The amendment will come into force on 20th March 2011, following a publication in the official gazette by the Foreign Ministry stating that the Montreal Convention will now apply in Israel. Further detales.


 
     
 

Table of Amounts awarded for Bodily Injuries in Israel Multi-jurisdictional or Domestic Disputes Print E-mail

 

Table of Amounts awarded for Bodily Injuries in Israel Multi-jurisdictional or Domestic Disputes

 

The Injured

Type of Accident

Type of Injury/Disability Percentage

Loss of Earnings

Pain & Suffering and/or Shortening of Life Span[1]

Medical Expenses

Cost of Assistance at Home

Child aged

5-6 years

Car accident

other accident

15%

$ 70,000[2]

Car accident: $5,500

Other Accident: $16,000

$  4,000

$ 30,000

100%

$500,000

Car accident: $36,000

Other Accident: $200,000

$250,000

$1 million[3]

Death

$100,000

Car accident: $9,000

Other accident: $350,000

-

Adult Male

Blue Collar Worker

Aged 40-45 years

Car accident/

other accident

20%

$ 50,000[4]

Car accident: $8,000

Accident at work: $20,000

$  3,000

$ 35,000

100%

$550,000[5]

Car accident: $36,000

Accident at work: $180,000

$100,000

$600,000

Death

$250,000

Car accident: $9,000

Accident at work: $200,000

-

-

 



[1] There is a special legislation in Israel with regard to car accidents based on the no-fault system. As a result, certain types of compensation are limited by the law (pain and suffering and loss of earning).

[2] The calculation is based on an average salary from the age of 21 to 67 (which is published data)

[3] The calculation is based on a care giver for 24 hours per day (two shifts) and an additional assistant during the day

[4] The calculation is based on the actual salary earned prior to the accident taking into account the number of years the injured still have until retirement

[5] The calculation is based on a salary which is 30% higher than the average salary. The compensation will be increased accordingly (in car accident there is a limit of 3 times the average salary)

 

 
 
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