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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The Legal Challenges of Multi-Vehicle Truck Accidents in Bethlehem
The frequency and complexity of multi-vehicle truck accidents in Bethlehem present many difficulties that require skilled guidance by a Bethlehem truck accident lawyer experienced with multi-vehicle truck accident injury litigation. Not only can such incidents cause immediate physical and emotional trauma to victims, but navigating them requires knowledge of both state and federal law, along with sensitivity toward those impacted.
Munley Law understands the legal challenges presented by multi-vehicle truck accidents in Bethlehem and works directly with injured parties to secure maximum compensation for all their losses. Call Munley Law now for a no-committal and free consultation if you or someone close to you needs experienced truck accident representation!
Understanding Multi-Vehicle Truck Accidents
Multi-vehicle truck accidents on Bethlehem roads are among the most devastating incidents. Their sheer size and weight make these collisions far more serious than typical car collisions; […]
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What To Do If Workers’ Comp Stops Paying Benefits in Bloomsburg
Why You Need an Experienced Bloomsburg Workers’ Comp Lawyer
Workers’ compensation in Bloomsburg provides vital assistance for employees injured on the job, providing medical treatment as well as wage replacement benefits. Navigating the complex world of workers’ comp claims can be tricky, particularly if benefits are suddenly suspended or challenged. An experienced Bloomsburg workers’ compensation lawyer is essential in such circumstances, with knowledge of Pennsylvania workers’ compensation law as well as specific procedural details related to Bloomsburg. Munley Law attorneys provide powerful advocacy on your behalf, from filing claims and attending hearings and appeals to representing your interests in hearings or appeals. Their knowledge is indispensable in getting the benefits you are due, while professional representation guarantees your case remains focused and effectively presented before courts of law.
Understanding Workers’ Compensation Laws in Bloomsburg
Understanding workers’ compensation laws in Bloomsburg requires familiarizing oneself with Pennsylvania’s regulations and processes governing such claims. […]
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Bloomsburg Workers’ Compensation Lawyer
Munley Law’s experienced attorneys are committed to serving the hardworking individuals of Bloomsburg, Pennsylvania, and ensuring that they receive the compensation they deserve. As trusted Bloomsburg workers’ compensation lawyers, we 
understand the challenges injured workers face when navigating the complex legal landscape of workers’ compensation law. Our team is here to guide you through the process, providing expert advice and representation to protect your rights and secure the benefits you are entitled to.
Whether you’re dealing with a denied claim, workplace injuries, or issues with your employer or the insurance company, Munley Law is here to provide comprehensive representation. Our commitment to Bloomsburg workers goes beyond legal expertise – we genuinely care about your well-being and financial security. Trust us to be your advocates in pursuing the compensation you need to recover from your injuries and get back to work.
In Bloomsburg, […]
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Easton Brain Injury Lawyer
Traumatic brain injuries can result from a car crash, a serious fall, or even a medical mistake. If you or a loved one has experienced an accident or injury resulting in head trauma in Easton, understanding your options is crucial. An Easton brain injury lawyer can be an invaluable ally in navigating the complex aftermath of a brain injury.
Contact an Easton brain injury lawyer at Munley Law for a free, confidential case review today.
What Is a Brain Injury?
Brain injuries, often complex and devastating, vary significantly in their severity and impact. They are generally categorized into two types: traumatic brain injuries (TBI) and acquired brain injuries (ABI).
Traumatic Brain Injuries (TBI): These occur due to an external force, such as a blow or jolt to the head. Common causes include falls, vehicle-related collisions, […]
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Easton Product Liability Lawyer
When you buy a product, you trust it to be safe and work as advertised. Unfortunately, this isn’t always the case. Sometimes, products can be defective, leading to injuries or other damages. This is where it helps to have an Easton product liability lawyer by your side to help you with your claim. These claims are a way for consumers to seek compensation when a product causes harm due to fault in its design, manufacture, or marketing.
If you were injured by a defective product in Easton, contact Munley Law to schedule a free consultation. We have more than 60 years of experience with product liability claims throughout the Lehigh Valley, and we’ll make sure you are properly compensated for your injuries.
What Are the Types of Defects Found in Product Liability Claims?
For a successful product liability case, […]
