Popular Articles

A class action lawsuit has been filed and approved against the Phoenix insurance company for health insurance policies issued by 2016. The scope of the claim is estimated to be NIS 125 million. This is a class action request that was filed in June 2015 and dealt with how the insurance company used to compensate policyholders who used the supplemental insurance of their health insurance fund rather than private insurance. The period during which the claim is concerned is June 2012 to June 2015. By 2016, private health insurance policies included a mechanism that would incentivize...

In a devastating overnight missile barrage by Iran, six people were killed and over 200 were injured in the cities of Bat Yam and Rehovot, as two direct hits leveled residential buildings and caused massive destruction. Among the dead are a 10-year-old boy, a young girl, and two elderly women. Authorities continue to search for seven missing persons as rescue operations stretch into Monday

The average monthly income of the upper decile is 12 times greater than the income of the lower decile - according to a report from the Ripple Center, published Wednesday, which shows an increase in income gaps between the rich and the poor. In addition, the report shows that most rental income goes to the top deciles and that the middle class in Israel is the smallest in the OECD countries. According to the report, in 2018, the average gross income of households headed by an employee was NIS 66,584 in the top decile - compared with 5,501 in the lower decile only. In the last three years,...

Worldwide, the New Year, and the new decade, are receiving huge fireworks and performances. The celebrations that began at noon in the Eastern Hemisphere will reach Israel at midnight. The first countries to receive 2020 were Samoa and Kiribati, Pacific Islander countries, to which the New Year arrived at 12:00 noon. New Zealand, the first major country to be counted back, received the New Year at 1 p.m. Two hours later, 2020 also entered Sydney in Australia, in the midst of huge fires in the area.

Elta Systems, a subsidiary and division of Israel Aircraft Industries, is acquiring 50% of the Eltam subsidiary of the MalamTeam group for NIS 42 million. The acquisition represents a step in the implementation of IAI's strategy to enter the IDF maintenance and outsourcing market in areas rich in technological equipment

Israel’s energy infrastructure is facing mounting pressure following a deadly attack on the Bazan refinery complex in Haifa, which killed three employees, damaged a power station, and forced a complete shutdown of the country’s largest fuel producer. Bazan is responsible for 60% of Israel’s diesel and about half of its gasoline output

Ten days after the first ballistic missile was launched from Yemen toward northern Israel, the Houthis launched another missile at the country. Shortly after the Israel Defense Forces (IDF) issued a warning about a potential launch from Yemen, rocket and missile alarms were activated across large parts of northern Israel