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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How to Determine Liability in Bethlehem Truck Collision Cases
Bethlehem roads are home to vehicles of all varieties, from SUVs and minivans to large trucks. Unfortunately, their presence poses an increased risk of serious accidents; when collisions do occur between these trucks and others, their effects can be both complex and devastating – leaving victims to understand liability in such cases beyond legal formalities; aid from an experienced Bethlehem truck accident attorney may prove invaluable during these trying times.
Munley Law can assist those involved in Bethlehem truck accidents to establish fault and prove liability.
How to Determine Liability in Bethlehem Truck Collision Cases
Locating at-fault parties and assigning liability in truck collision cases in Bethlehem is often an intricate and involved process due to all the parties and variables involved. Determining “who is at fault?” plays a central role here, shaping legal claims and the possibility of recovering damages.
Assessing the Role of a Truck Driver
As with most actions taken against truck drivers, […]
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Bethlehem Construction Accident Lawyer
Construction jobs are some of the most dangerous in the country. If you or a loved one has been injured on a job site, contact the experienced Bethlehem construction accident lawyers at Munley Law to discuss your options. You and your family should not have to move forward alone.
Almost 1,000 construction workers died on the job in 2021, and in 2020, there were 213.3 nonfatal accidents per 10,000 construction workers. Indeed, construction workers have one of the top ten most dangerous jobs in the United States. Construction sites are dangerous, be it a fall, falling object, electrocution, or an accident involving workplace tools.
What About Workers’ Compensation?
Workers’ compensation can provide fast monetary relief after a construction site injury. Furthermore, the workers’ compensation procedure is generally the only option to recover money from your employer when you are injured in the course and scope of your employment. […]
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Williamsport Construction Accident Lawyer
Construction sites can be perilous for construction workers and the public alike. Construction is one of the most dangerous occupations in the United States. In fact, the Bureau of Labor Statistics reports that 1 in 5 workplace fatalities happen in the construction industry. But, construction workers are not the only ones who can be hurt by falling equipment or lack of proper safety measures.
If you or a loved one has been involved in a construction accident in Williamsport, we know the physical, emotional, and financial toll it can take. You do not have to bear this burden alone. At Munley Law, we have over 60 years of experience fighting for the rights of accident victims in Williamsport, Pennsylvania, including those involved in construction accidents. We can help your family recover the financial compensation that is owed to you and hold the negligent parties accountable. […]
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Bloomsburg Bicycle Accident Lawyer
Navigating the charming streets of Bloomsburg, PA, on two wheels can be a delightful experience, but unfortunately, bicycle accidents can disrupt the tranquility of your ride. At Munley Law, your dedicated Bloomsburg bicycle accident lawyers, we understand the unique challenges bicycle accident victims face in our community. Whether you’re near Columbia County landmarks or exploring the beauty of Bloomsburg, our experienced law firm is here to guide you through the legal process and fight for the compensation you deserve.
Bicycle Accidents in Bloomsburg, PA: Understanding the Legal Process
In the aftermath of a bicycle accident in Bloomsburg, seeking the right lawyer who understands the local landscape is crucial. Munley Law specializes in personal injury law and has a proven track record in representing car accident victims, including those involved in bicycle accidents. Our experienced accident lawyers comprehend the emotional pain, injuries, and future medical bills that may follow such incidents. […]
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Bloomsburg Pedestrian Accident Lawyer
Pedestrian accidents are among the most damaging and deadly types of vehicle crashes. If you were involved in a pedestrian accident in Bloomsburg, the driver who hit you must be held accountable for the harm they caused. However, it can be difficult to obtain full, fair reimbursement for your economic and non-economic losses without the help of an attorney. An experienced Bloomsburg pedestrian accident lawyer can help you recover the compensation you need to cover your medical expenses and other losses and make you whole again.
Contact Munley Law Personal Injury Attorneys today for a free case review. We will hear your story, answer your questions, and advise you on the next steps – all free of charge. Should you choose to move forward with legal action, we can begin working right away to preserve critical evidence and get you the help you need as fast as possible. […]
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