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Additional Hearing of Civil Appeal 4960/18 Zeligman and others v. the Phoenix and others (4-7-2021)
In a class action submitted against 5 insurance companies, the claimants argued that the companies charged an additional interest of 4-6% due to payments of monthly installments of premiums on policies which are not life insurances and in relation to all the components thereof, including the savings element.

  The controversy over the issue of whether electric bicycles are motor vehicles and hence would be subject to the Law of Compensation to Victims 1975 (hereinafter: the Road Accident Law) of road accidents has come this week to an end by the Supreme Court which decided by a majority opinion of two Judges, Yitzhak

The Legal 500 Country Comparative Guides - Israel Insurance & Reinsurance

The COVID-19 pandemic caused businesses and individuals the inability to fulfil contractual obligations, led to a partial performance of the contract or delay thereof etc. Most commercial contracts include Force Majeure clauses which allocate the of risk of events that may suspend or excuse contractual non-performance.[1] Being the creation of the parties, every clause will

1.     As you may recall, the Supreme Court approved in November 2017, the District Court's decision in the matter of VIG VIENNA Insurance Group v. The Drainage Authority, (C.A. 8044/15) that a foreign insurer which is not licensed under the provisions of the Supervision Law, is not entitled to file a subrogation claim in Israel.

C.C. 23416-03-18 The Phoenix vs. Infrassure Ltd. (Tel Aviv District Court) Preamble: The limitation period for an insurance claim of Insured vs. Insurer is three years from the date of the Insured event in property, and in liability Insurance the three years period will start to run from the date of the claim of the

In a recent decision handed down by the Supreme Court, the boundary between maintaining the Commissioner’s directives to include "full grounds and reasons for dismissing the claim” in a letter of declination, and the right of Insurers to provide additional details in the Statement of Defence was outlined, as the Supreme Court accepted Insurers’ position

Recent conflicting decisions were given, one by the Haifa District Court and the other by the Tel Aviv District Court, on the question whether a foreign Insurer is entitled to file a subrogation claim through its Insured after paying the Insured insurance benefits. In these two instances the alleged tortfeasor requested from the Court to