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The Phoenix is joining the MSCI Israel Index, part of the global index family of MSCI. The company’s shares are expected to be included in the…
The insurance company Hachshara is investing in non-bank lending firm Magshimim Credit and will acquire 49% of its shares. Magshimim Credit specializes in providing loans to…
The recommendations of the team for examining measures to increase competition in the banking system, published yesterday, include far-reaching implications for all players in the insurance…
Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, and Earnix, a leading dynamic AI Platform for…
A heated session took place in the Knesset’s State Audit Committee regarding how the Capital Market, Insurance and Savings Authority supervises institutional entities. The discussion focused…
Wave of Class Actions on Insurance Payments for Constructive Total Loss in Cases of Damage Below 60%
A wave of class action lawsuits has reached the courts in recent months, alleging violations of policy terms due to insurance payments made to policyholders and…
In a ruling issued on May 25, 2025, by Judge Merav Ben-Ari of the Central-Lod District Court (case no. 53339-06-19), key issues were decided regarding damage…
The Israeli Capital Market, Insurance and Savings Authority has contacted several companies—whose names have not yet been disclosed—requesting information on the products they offer and the…
The Knesset State Audit Committee, chaired by MK Mickey Levy (Yesh Atid), will hold a hearing on Tuesday regarding the January 2024 State Comptroller’s report on…
A request for approval of a class action lawsuit has been filed with the Central-Lod District Court against Harel, alleging that the company collects excess premiums…