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The Phoenix has informed the Bat Yam Magistrate’s Court of its decision to withdraw the lawsuit it filed against Longevity IL of Herzliya, following an understanding…
The response of the Ministry of Finance, the Capital Market Authority, and the trustee of Slice to the High Court: Given the partial return of funds,…
In a judgment handed down on August 7, 2025, the Supreme Court addressed a fundamental and precedent-setting question regarding the interpretation of Section 66 of the…
Harel is being sued in the Tel Aviv Magistrate’s Court for 1.57 million Shekels by Doron Bernstein, a jewelry manufacturer and owner of Tulip Diamonds, specializing…
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…