Articles
The Israeli Compensation System of Bodily Injuries caused as a result of Road Accidents
General: Israel has established a “No Fault System” in road accidents compensation following the enactment of Israel Road Accident Victims Compensation Law 1975 (hereinafter: The Law). According to the Law,
view more >When are technical malfunctions considered special circumstances?
Introduction: In a recent judgement handed down by the Beit Shean Small Claims Court, the Court declined a claim for compensation as a result of flight cancellation under the Aviation
view more >New Draft Circular by the Supervisor of the Capital Market, Insurance and Savings (the Supervisor)
On 20th January 2019 the Supervisor published a draft circular regarding transfer of funds by Israeli Insurers to Non-Israeli Reinsurers (hereinafter: New Draft Circular). History: Until 2012, the Control over
view more >Where the Damage occurred in Israel by a Product manufactured abroad
The Manufacturer may be Summoned to Legal Proceedings in Israel The Global World of Commerce which enables orders through the Internet creates a situation where the manufacturer of the product
view more >Is the Insurer Exempt from Liability for a Car Accident towards a Third Party, where the Insured was Drunk?
On 15th October 2018, the Israeli Supreme Court dismissed the appeal of the Hachshara Insurance Company (hereinafter: “Hachshara” and/or “the Insurer”) and declined its allegation that it should be exempt
view more >Denial of a Liquidator’s claim based on a Claims Made Policy that was acquired 20 years ago
Adv. Nitzan Shmueli, liquidator of Shem Tov Ltd. (in liquidation) (hereinafter: the Company) v. Menorah Insurance Co. Ltd (hereinafter: Menorah). In July 2018, the District Court of Jerusalem dismissed a
view more >Liquidators/Special Managers Claim Against D&O Insurers
In 1991 an amendment to the Israeli Companies Act was enacted, which allowed companies to insure their D&Os. In 1993 less than 15 claims were notified to Insurers under the
view more >The Duty to Notify a Cyber Breach in Israel
The connection between the legal duty to report a cyber-breach and the exposure to liability claims arising from a cyber-attack has already become common knowledge. In the past year, several
view more >Extra Contractual Damages due to Unjustified Declination of Insurance Claim
Dror Zamir Adv. & Hadas Adler, Adv. C.C 3168/09 The Third Step Ltd. v. the Israel Phoenix Insurance Co. Ltd General Background Plaintiff is a company engaged in the business
view more >Failure by Insured to Implement Measures for Mitigation of Risk – Dismissal of Insurance Claim
Peggy Sharon, Adv. & Alon Katz, Adv. Introduction: Prior the Insurance Contract Law (1981) (also: “the law”) failure to take protective measures could lead to a complete loss of benefits.
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