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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York Uber Accident Lawyer
Services like Uber and Lyft are convenient, but these vehicles are exposed to all the same risks as any other car on the road. In 2023, Pennsylvania reported over 1,200 rideshare-related accidents, with York County accounting for approximately 8% of these incidents. These accidents often involve complicated insurance policies, multiple liable parties, and strict reporting deadlines that can impact your ability to recover damages.
A York Uber accident lawyer at Munley Law can help protect your legal rights after a Lyft accident in Pennsylvania. With 65 years of experience representing car accident victims throughout York County, our legal team understands the complex nature of Lyft accident claims and the challenges you may face when seeking financial compensation from your carrier.
Our Uber and Lyft Accident Attorney Track Record
Our firm is well-versed in car accident cases with a track record of securing multi-million dollar settlements for victims, […]
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Underinsured Motorist Coverage Pain and Suffering: Understanding Your Rights and Maximizing Your Claim
According to the Insurance Research Council, nearly 8% of Pennsylvania drivers are uninsured, putting thousands of responsible drivers at financial risk from a car accident. Thankfully, uninsured and underinsured motorist coverage includes the victim’s pain and suffering in Pennsylvania—but that’s not all you need to know.
When an uninsured driver causes a crash that leaves you injured, your uninsured or underinsured motorist coverage steps in to protect you. This protection extends beyond just medical bills and lost wages—it can provide compensation for your physical trauma, emotional distress, and reduced quality of life.
However, insurance companies often minimize or deny these claims, especially when it comes to pain and suffering damages. They may question the severity of your injuries or try to attribute them to pre-existing conditions. […]
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Bethlehem Nursing Home Abuse Lawyer
Abuse at nursing home facilities is a common issue throughout the US. If you’ve trusted a Bethlehem, Pennsylvania, nursing home to care for your loved one, it’s essential to check for signs of abuse or neglect vigilantly.
You may file a personal injury claim or lawsuit seeking compensation on your loved one’s behalf if they experience mistreatment. At Munley Law, a Bethlehem nursing home abuse lawyer is available to offer the assistance you and your loved one deserve now. Contact us today to discuss your case.
Recognizing Warning Signs in Bethlehem Facilities
When visiting your loved one, it’s important to watch for signs that they receive proper care and attention. Look for changes in their physical condition, emotional state, and living environment. Pay attention to their hygiene, nutrition, mobility, and whether they seem comfortable and well-supported by their caregivers. […]
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Harrisburg, PA – Man Flees Traffic Stop, Causing Six-Car Accident
Harrisburg, PA (January 29, 2005) – A man trying to flee a traffic stop caused a multi-vehicle accident on January 26 in Harrisburg.
According to the Pennsylvania State Police, troopers pulled over the driver on 17th Street in Harrisburg and noticed he was trying to hide items as they asked for his ID. When the man refused to leave the vehicle, investigators say the trooper tried to break the window.
The man then reversed his SUV into the police cruiser and drove off, hitting another car on 21st Street and causing a six-vehicle crash. He was taken into custody.
It is not known if anyone was injured in the accident.
Car Accidents in Harrisburg, PA
This incident highlights several critical legal considerations for those involved in multi-vehicle accidents, particularly when they result from police pursuits. According to Pennsylvania law, […]
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Allentown Truck Accident Lawyer
When a tractor trailer collides with a passenger vehicle or another truck on a highway in Allentown, you need an Allentown truck accident lawyer to protect your rights and get you the justice you deserve. An Allentown truck accident attorney at Munley Law will hold the responsible party accountable and recover compensation for you and your family.
For a free accident consultation with our Allentown truck accident attorney, fill out our contact form, chat live, or call today. We only collect a fee if we win your case.
The Role of An Allentown Truck Accident Attorney
Allentown truck accident attorneys can help you with your case by gathering evidence, discovering who is at fault, negotiating with the truck company and insurance carriers, and representing you in court. As the injured accident victim, you have the right to seek compensation for your truck accident injuries and the economic burden you now face as a result of your accident. […]
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