What is Insurance?
Insurance is, “a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.” (Black’s Law Dictionary 946. 4th Ed. Rev. 1968)
An insurance policy is a contract in which an individual or entity (the policyholder) pays an insurance company (the insurer) in regular payments in exchange for financial protection over specific risks or losses. For example, medical insurance helps to cover medical costs, such as hospital visits, hospital stays, and medications. Similarly, auto insurance helps to cover damages incurred from car accidents. Insurance payments are known as premiums. Insurance contracts typically limit the amount of costs that an insurance provider may be required to pay.
The McCarran-Ferguson Act (15 U.S.C. § 1011) grants many aspects of insurance regulation to individual state governments. However, federal laws like federal taxes do apply to insurance, and must be acknowledged. Insurance is important to the legal system, as it helps protect individuals, those who cause harm to individuals through negligence, and any third party that is faced with the burden of compensating for an injury.
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Indiana Truck Accident Lawyer
A truck accident can change your life in an instant. If you or someone you love has been injured in a collision with a commercial vehicle, you need an experienced Indiana truck accident lawyer who understands both the impact of your injuries and the unique challenges these cases present. You’re likely facing overwhelming medical bills, lost income, and uncertainty about the future during this difficult time.
Truck accident cases are far more complicated than typical car crashes. When a commercial vehicle collides with a passenger car, the injuries are often severe, and the legal issues are anything but straightforward. These cases involve federal regulations, multiple insurance companies, and sophisticated evidence that requires specialized knowledge to handle effectively.
At Munley Law, our Indiana truck accident attorneys have dedicated their careers to helping victims like you recover from devastating truck crashes. We understand the physical, emotional, and financial hardships you’re experiencing, […]
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Illinois Truck Accident Lawyer
If you’ve been involved in a truck accident in Chicago, Rockford, Peoria, Springfield, or anywhere else in Illinois, you need a special kind of lawyer to fight for you. You don’t just need a personal injury lawyer; you need a lawyer with experience and depth of knowledge in commercial trucking cases. At Munley Law, our Illinois truck accident lawyers are nationally recognized for their success in handling complex truck crash cases. With decades of experience and a deep understanding of federal and state trucking regulations, we stand up to trucking companies, insurers, and negligent parties to secure the maximum compensation for our clients. If you or a loved one has been injured in a truck accident, don’t face the legal battle alone; let our award-winning truck accident team help you get the justice you deserve.
Call or reach us online to discuss your case in a free consultation. […]
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Taxi Accident Lawyers
Were you injured in a taxi accident? The experienced taxi accident attorneys at Munley Law are here to help. With decades of experience handling complex vehicle accident cases nationwide, we understand the unique challenges taxi accident victims face. Whether you were a passenger, another driver, or a pedestrian, our team will fight for the compensation you deserve.
Contact our car accident lawyers today for a free consultation. We don’t get paid unless you win.
Why Taxi Accidents Happen
Taxi accidents occur for many of the same reasons as other vehicle crashes, but with additional risk factors. Taxi drivers often work long shifts, sometimes 12 hours or more, leading to drowsy driving that slows reaction times and impairs judgment. The pressure to complete as many fares as possible can also lead to speeding, aggressive driving, and risky maneuvers.
In major cities, […]
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Can I Change Jobs While on Workers’ Compensation in Pennsylvania?
If you’ve been injured at work and receive workers’ compensation benefits in Pennsylvania, you might consider changing jobs for various reasons. Perhaps you’re seeking better opportunities, need to relocate, or want a position accommodating your medical restrictions. However, changing jobs while on workers’ compensation requires careful consideration to protect your benefits.
Avoid losing workers’ compensation benefits by making employment changes without legal guidance. The experienced Pennsylvania workers’ compensation attorneys at Munley Law have protected injured workers’ rights for over 65 years. Call us today for a free consultation to discuss your specific situation.
How Changing Jobs Affects Your Workers’ Compensation Benefits
When considering a new job while receiving workers’ compensation in Pennsylvania, understanding how this transition affects your benefits is essential. Changing employers doesn’t automatically terminate your workers’ compensation claim, but it can impact various aspects of your benefits. Here’s what you need to know about how changing jobs affects your medical coverage and wage loss benefits:
- Medical Benefits Will Continue: Your right to medical treatment comes from when your work injury occurred. […]
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Workers’ Compensation and Dealing with Doctors
After a workplace injury, dealing with doctors and medical examinations can significantly impact your workers’ compensation claim. Insurance companies often prioritize their interests over yours, making it essential to have proper legal representation to protect your rights.
Don’t let insurance companies undervalue your workplace injury claim. The experienced Pennsylvania work comp attorneys at Munley Law have been fighting for injured workers’ rights since 1959. Call us today for a free consultation and learn how we can help you receive the full compensation and medical care you deserve.
Understanding Insurance Company Doctors and IMEs
When you file a workers’ compensation claim, the insurance company will require you to undergo an Independent Medical Exam (IME). While these doctors are presented as neutral third parties who assess your injuries, they are selected and paid by the insurance company.
These company-approved physicians may not prioritize your recovery or fairly evaluate your condition. […]
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