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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Pottsville Birth Injury Lawyer
Navigating the Complexities of Birth Injury Law with Dedicated Advocacy
Birth injuries can occur regardless of the birth location, and not every incident qualifies for a medical malpractice lawsuit against the delivering doctor or the hospital. Our Pottsville birth injury lawyer is equipped to evaluate your situation and clarify your entitlement to compensation for your child.
Since 1959, Munley Law Personal Injury Attorneys have been a trusted advocate for families across Pottsville, PA, in medical malpractice cases. Recognized as one of the leading law firms nationally, including receiving the Super Lawyers accolade, we have successfully secured necessary compensation for hundreds of families like yours.
Contact us today to arrange a complimentary consultation, either by phone or through our online form.
Understanding Birth Injuries
Birth injuries are traumatic physical injuries that can occur to a child before, […]
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Easton Catastrophic Injury Lawyer
Catastrophic injuries are severe injuries that have a profound and long-lasting impact on the victim’s life. These injuries often result in permanent disability, significant suffering, and substantial medical and personal challenges. If you were involved in a serious accident that resulted in a catastrophic injury, your first option is to speak with an experienced Easton catastrophic injury lawyer at Munley Law. We have over 60 years of experience helping injury victims recover from a severe injury. We’re here for you. Contact us today to schedule a free consultation.
What is Considered a Catastrophic Injury?
When an accident results in severe, life-altering injuries, it falls under the legal category known as “catastrophic injuries.” These are 
injuries that impose significant and long-term effects on the victims, often preventing them from returning to their pre-accident lifestyle and work.
In legal terms, a catastrophic injury permanently prevents an individual from performing any gainful work, […]
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Bloomsburg Slip and Fall Lawyer
If you or a loved one has suffered an injury due to a slip and fall incident in Bloomsburg, you understand the physical, emotional, and financial toll it can take. Our Bloomsburg slip and fall lawyer is here to guide you through every step of the process, ensuring that your rights are protected and you receive the compensation you deserve. With a deep understanding of Bloomsburg’s legal landscape and a commitment to personalized care, we are your trusted ally in navigating these challenging times.
Common Causes of Slip and Fall Accidents
Slip and fall accidents are surprisingly common and can happen due to a variety of factors. Some common causes include:
Icy or Snowy Surfaces: In Bloomsburg’s cold winters, untreated sidewalks and parking lots can become treacherously slippery.- Wet Floors: Spills or recent cleaning in stores, restaurants, and other public areas can create a hazard. […]
Icy or Snowy Surfaces: In Bloomsburg’s cold winters, untreated sidewalks and parking lots can become treacherously slippery.More information about Insurance
Williamsport Product Liability Lawyer
Understanding product liability law in Williamsport can be complex, yet important if you’ve been injured due to defective goods. It’s important to speak with an experienced Williamsport product liability lawyer to help you navigate its complexities successfully and protect victims’ rights under Pennsylvania law.
If you were injured by a defective or dangerous product in Williamsport, contact Munley Law Personal Injury Attorneys for a free consultation.
What Is Product Liability Litigation?
A product liability lawsuit occurs when someone has been injured due to a flawed product and sues anyone involved with its distribution chain, including manufacturers, distributors, and retailers – in an effort to hold these entities responsible for creating something dangerous for sale in the marketplace. The goal is for all those involved (manufacturers, distributors, or retailers) responsible for having released it that caused harm – in effect holding these parties liable and making amends accordingly. […]
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Williamsport Birth Injury Lawyer
Welcoming a new child into the world should be a time of joy and celebration, but when birth injuries occur, this momentous occasion can quickly turn into a period of uncertainty and distress. In Williamsport, families facing the challenging aftermath of a birth injury need compassionate, skilled legal representation.
At Munley Law, our dedicated team of Williamsport birth injury lawyers understands the complexities of these cases and the profound impact they have on families. We are committed to providing the support, guidance, and expert legal representation you need to navigate this difficult time. If your family is grappling with the consequences of a birth injury, contact Munley Law today for a free consultation and take the first step towards securing the justice and compensation you deserve.
What Are Birth Injuries?
Birth injuries are various forms of physical harm or trauma that a baby may suffer during the childbirth process. […]
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