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 Do You Calculate Pain and Suffering in a Truck Accident in Scranton?
Truck accidents can have devastating consequences, both physically and emotionally. If you have been involved in a truck accident in Scranton, Pennsylvania, you may be entitled to compensation for your pain and suffering. However, determining the amount of compensation can be a complex process. How do you put a dollar value on your suffering? Understanding how pain and suffering are calculated in a truck accident settlement and how a Scranton truck accident lawyer can help you receive the total compensation you deserve is essential. Our Scranton truck accident lawyers explore the factors considered when calculating pain and suffering in a truck accident settlement in Scranton.
What is Pain and Suffering in Legal Terms?
Pain and suffering are terms used in the legal world to describe the physical and emotional hardships that individuals experience as a result of a truck accident. […]
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Carbondale, PA Distracted Driving Accident Lawyer
Anytime something or someone diverts a driver’s attention from the road; they are driving distracted and risking a serious car accident. Be it a text, changing the radio station, eating fast food, or even talking to a passenger, these simple actions that only take seconds can change your life instantly.
Distracted driving car crashes have claimed the lives of thousands and injured even more. If you or a loved one were involved in an accident with a distracted driver, a free consultation with the Carbondale distracted driving accident attorneys of Munley Law can provide legal guidance for your claim.
How Our Distracted Driving Car Accident Lawyers Can Help You
To have a distracted driving claim, you must prove that the other driver was distracted behind the wheel. However, this segment of personal injury law is more challenging than you may think. […]
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Bethlehem Cerebral Palsy Lawyer
Three out of every 1,000 births in the United States will result in a baby being diagnosed with cerebral palsy. Sometimes, a child will develop cerebral palsy in the womb due to the brain not developing properly. Other times, cerebral palsy can be caused by medical negligence during the delivery process.
If your child was diagnosed with cerebral palsy as a result of medical malpractice, the Bethlehem PA, cerebral palsy attorneys of Munley Law can guide you through the legal process and help you get compensation for your child’s medical needs.
What is Cerebral Palsy?
Cerebral palsy is a group of neurological disorders that impact a person’s movement, balance, and posture. For some people with cerebral palsy, it can also cause intellectual disabilities, seizures, vision, hearing or speech loss, and spine and joint problems. […]
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Distracted Driving Accident Lawyer
If you have been in an accident caused by a distracted driver, contact a distracted driver accident lawyer at Munley Law. Distracted driving is dangerous behavior and one of the leading causes of severe and deadly car accidents across the country. Across the United States, legislators have begun acknowledging the dangers of distracted driving.
Distracted driving is nothing new. Since the advent of vehicles, drivers have been distracted by sights and sounds from the outside– billboards, reading bumper stickers, the actions of other drivers and pedestrians, and more. Unfortunately, the problem isn’t going away, and with the introduction of constantly changing technology, it is only getting worse.
Distracted driving is one of the most common reasons for traffic injuries and fatalities. In 2021, 3,522 people (drivers, pedestrians, passengers, and bicyclists) died due to distracted driving accidents, according to the National Highway Traffic Safety Administration (NHTSA). […]
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Carbondale, PA Fatal Car Accident Lawyer
Every year in Pennsylvania, more than 1,000 people will die in a car accident. Though nothing can bring them back to their families, there are legal options the loved ones of the deceased can take to secure financial compensation for the losses the accident caused.
If you have lost a loved one in a car accident in Carbondale, the Carbondale fatal car accident attorneys of Munley Law can provide legal guidance to you during this challenging time.
How Can a Carbondale Car Accident Attorney Help After a Fatal Wreck?
Our Carbondale car accident attorneys can guide you through the following legal steps following a fatal car wreck in Carbondale, PA.
Determine a Cause of the Collision and Establish Negligence
We know that determining the cause of a fatal wreck can be a challenge as one of the most critical eyewitnesses is unable to share their testimony. […]
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