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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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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Williamsport Bicycle Accident Lawyer
If you’ve been involved in a bicycle accident in Williamsport, you understand the confusion and pain that follows. At Munley Law, our experienced Williamsport bicycle accident lawyers are dedicated to helping you navigate these challenging times. We’re here to ensure you receive the justice and compensation you deserve. We offer free consultations and we do not collect a fee for our services unless we win your case.
Common Causes of Bicycle Accidents in Williamsport, PA
Bicycle accidents in Williamsport can occur due to various reasons, often involving motorist negligence. Common causes include:
Distracted Driving: When drivers are not fully attentive to the road, bicyclists can pay the price. Driver distraction is one of the leading causes of crashes in Williamsport and may include behavior such as texting, using social media, engaging with a navigation system, eating or drinking, […]
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Pennsylvania’s Most Hazardous Roads and Intersections for Drivers
Munley Law protects the rights of those injured in car accidents throughout Pennsylvania. Our state is well known for its long history 
and diverse landscapes, spanning bustling urban centers to serene mountainous regions and rural landscapes that present drivers with unique challenges when traversing its roadways. Navigating Pennsylvania roads takes both skill and an awareness of potential dangers.
Car accidents are complex affairs with devastating repercussions for all parties involved, so as your Pennsylvania car accident lawyers, we understand their complexity and are dedicated to offering our legal expertise if an incident does arise. With that in mind, we provide all of the information and representation that may help keep you safe on the roads while serving as your go-to legal representation if something unfortunate should occur on our roadways.
Have you been injured in an auto accident in Pennsylvania? Reach out to Munley Law immediately for a complimentary consultation. […]
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How Weather Conditions Influence Truck Accidents in Carbondale
Carbondale, located in Northeastern Pennsylvania, presents truck drivers with unique challenges due to its rolling hills and picturesque valleys, particularly under adverse weather conditions. At Munley Law, as experienced Carbondale truck accident lawyers, we understand the complexities surrounding truck accidents in Carbondale. With 60 years of legal practice behind us and over 600 cases handled successfully on behalf of clients who were affected by such incidents, Munley Law offers unparalleled advocacy to those affected by truck accidents in Carbondale.
Overview of Truck Accidents in Carbondale
Carbondale’s roadways may appear picturesque but can quickly become hazardous when harsh weather strikes. Munley Law has seen firsthand how truck accidents increase during times of poor weather; statistics reveal a correlation between weather conditions and increased truck accident frequency in this region; common causes can range from reduced visibility to impaired road conditions, but understanding their specifics is paramount to successful treatment of cases such as these. […]
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The Medical Impact of Car Accidents on Victims in Hazleton
Car Accident Attorneys Dedicated to Hazleton Accident Victims
At Munley Law, we understand the life-altering impact of car accidents, which can result in severe injuries or tragic loss, burdening individuals and families with overwhelming costs and emotional turmoil. Navigating the aftermath of a car crash is challenging, especially when seeking adequate insurance claims or facing wrongful death cases. Our Hazleton car accident attorneys are dedicated to advocating for our clients, ensuring they receive the full compensation they are entitled to. We provide expert legal counsel to prove negligence to evaluate damages and engage in assertive negotiations; our focus is on securing settlements that promote your journey of recovery after a traumatic motor vehicle accident. At Munley Law, your recovery is our priority.
Understanding Car Accident Injuries
When you’re in a car crash, the sudden and forceful impact can cause a lot of harm to your body, […]
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