Eitan, Eliyahu, Aryeh, Ararat, Hadar, Israel Land Development and La Nationale were not charged since they did not participate in the price-fixing.
In 1992 seven insurance companies distributed to their agents business premises and workshop price-lists identical to those of the eight insurance companies indicted in the insurance companies cartel case. The companies were Eitan, Eliyahu, Aryeh, Ararat, Hadar, Israel Land Development and La Nationale. No charges were brought against them.
A senior government source who investigated the affair, commented in response: "Five of the companies mentioned are subsidiaries of an insurance group, and the decision was to indict only the principal company in each group. The managers of Eliyahu and Israel Land Development, and also the managers of other companies named, did not attend the meetings with the company heads at which prices were fixed. They merely copied premiums they received from other companies. The offence was the agreed price fixing, whereas for one company to copy figures from another is permissible.
Rimon Ben-Shaul, general manager of Clal Insurance, three of whose group companies were named, responded that to the best of his knowledge, there was no evidence of any relevant offence concerning the other companies in his group. The general managers of Eliyahu and Israel Land Development, Shlomo Eliyahu and Ron Waisberg, told "Globes" that their companies had not co-ordinated premiums and had not broken the law. Bar-Kochba Ben-Gara, general manager of Hadar and La Nationale, was not available for comment. Neither was the Ministry of Justice.