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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Hazleton Texting-While-Driving Accident Lawyer
Driving through Hazleton, Pennsylvania requires your full attention. A momentary distraction on any of the city’s bustling streets or during poor weather conditions can lead to a severe car accident. When a driver texts while operating a motor vehicle, they are putting themselves and others on the road at serious risk of injury.
In the blink of an eye, your life can be dramatically altered by a reckless driving accident. If you were injured in a car accident caused by another driver texting, it’s crucial to understand the importance of securing legal representation. Trying to obtain compensation after an accident can be a daunting task, one that you shouldn’t have to face alone.
A specialized car accident lawyer, well-versed in the intricacies of cases involving texting drivers, can be your steadfast ally in this time. Your attorney can help you understand your rights, guide you through the complex legal landscape, […]
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What to Do After a Construction Accident in Bethlehem
Construction accidents in Bethlehem are an unfortunate reality of the industry, with severe implications for the health and well-being of workers. If you are involved in an accident on a construction site, it’s important to navigate the subsequent steps with utmost diligence. From seeking immediate medical attention to safeguarding your legal rights, each decision can significantly impact your recovery and future security.
This article will serve as a guide, explaining the vital actions to take in the aftermath of a construction accident. Arm yourself with this knowledge, enhance your preparedness, and ensure that you’re properly equipped to handle such a daunting situation. If you do get into a construction accident in Bethlehem and need legal advice, our Bethlehem construction accident lawyer is here to help.
Steps to Take After a Construction Accident in Bethlehem
Construction accidents in Bethlehem are unfortunately not a rare occurrence. […]
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Pottsville Workers Compensation FAQs
For more than 60 years, Munley Law’s family of Pennsylvania attorneys have taken pride in serving the hardworking residents of Pottsville, PA, and the surrounding communities. As local workers’ compensation attorneys with a deep understanding of the unique challenges faced by employees in this region, we are here to provide you with valuable insights and answers to some of the most common questions regarding workers’ compensation in our community.
Living and working in Pottsville means embracing a rich heritage rooted in industries like coal mining, manufacturing, and healthcare services. We know that accidents and injuries can happen in any workplace, whether it’s in a mine, a manufacturing facility, or even a healthcare setting. That’s why we’re dedicated to helping you navigate the complexities of workers’ compensation law, ensuring you receive the benefits and support you rightfully deserve when facing workplace-related challenges.
If you or a loved one has been injured in a work accident or is suffering from an occupational illness, […]
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Pittsburgh Driver Error Accident Lawyer
Located at the heart of Pittsburgh, the city where three rivers meet, our expert team at Munley Law Personal Injury Attorneys proudly serves residents of the Steel City and its surrounding communities. Pittsburgh is known for its vibrant neighborhoods, iconic bridges, and for being a hub of technological innovation, but we also understand the challenges that come with navigating its bustling streets.
Each year, numerous car accidents due to driver error occur on Pittsburgh’s busy roads, from the winding byways of Squirrel Hill to the bustling intersections of Downtown and even on the parkways during the heavy rush hours. Our experienced Pittsburgh car accident lawyers are here to provide you with dedicated, knowledgeable legal representation, helping you navigate the complexities of the law, and secure the compensation you deserve.
What is a Pittsburgh Driver Error Accident Lawyer? 
Our Pittsburgh auto accident lawyers specialize in handling motor vehicle accident cases stemming from driver errors. […]
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What Is the Most Common Abuse in Philadelphia Nursing Homes?
Navigating the complexities of nursing home care is no easy task, especially when considering the safety and well-being of your loved ones. In Philadelphia, the unfortunate reality is that nursing home abuse is far too common. You might be surprised to discover that it manifests in various forms, from neglect to financial exploitation.
As a concerned family member or friend, understanding these forms of abuse is the first step in ensuring your loved ones receive the dignified and respectful care they deserve. Together, we will delve into the prevalent forms of nursing home abuse in Philadelphia, highlighting their consequences, causes, and potential prevention strategies.
Understanding Nursing Home Abuse in Philadelphia
With a rich history and vibrant culture, Philadelphia is home to a considerable older adult population. According to the Philadelphia Corporation for Aging, as of 2021, […]
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