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 Workers’ Compensation: Specific Loss Benefits
What is Workers’ Compensation?
The Pennsylvania Workers Compensation Act mandates that almost all workers in PA are covered by workers’ compensation insurance.
When you are injured in a work-related incident in Pennsylvania, you may qualify for workers’ compensation benefits to cover:
- Lost wages. When you experience a work injury, you may be forced to miss time from work for recovery, hospitalization, and medical visits. Workers’ compensation insurance provides some financial relief for wages lost for missed time.
- Medical expenses. Workers’ compensation law also mandates that your employer’s workers’ compensation insurance company provide compensation payable for medical treatment directly related to your work injury.
However, if you are an injured worker in Hazleton, and you have suffered a permanently disfiguring, scarring injury or you have lost a limb or body function, you might be entitled to special financial compensation known as Specific Loss Benefits. […]
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What Are the Most Dangerous Roads in Philadelphia?
What Are the Top Philadelphia Roads That Car Accidents Occur?
A car accident can happen anywhere in Philadelphia. But there are some roads and intersections that are more dangerous than others. Accidents occur more often at certain locations that are more heavily traveled. There are also some roads that are inherently dangerous based upon the characteristics of the highway itself, such as narrow lanes, sharp curves, or reduced sight lines.
In fact, Philadelphia has four of the ten most dangerous highways and road segments in Pennsylvania. Some intersections also have significantly higher crash statistics than other locations throughout Philadelphia.
If you were injured in a car accident on one of Philadelphia’s deadliest roads, contact our Philadelphia car accident lawyer for a free consultation. Munley Law Personal Injury Attorneys is happy to discuss your legal options following a traffic accident in Philadelphia. […]
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Philadelphia Fatal Truck Accident Lawyer
Fatal Commercial Truck Accidents in Philadelphia
Commercial trucks provide a necessary service and form an integral part of the national economy. But commercial trucks are also dangerous, especially when driven on the narrow streets of Philadelphia. If you’ve lost a loved one in an accident with a commercial vehicle, you may have a legal claim that can alleviate the financial burdens you and your family now must navigate.
For more than 60 years, the Philadelphia fatal truck accident attorneys at Munley Law have fought for families and individuals who have lost a family member because of someone else’s wrongful action. As just one example, in 2018, Marion Munley, Caroline Munley, and Robert Munley III reached an $8 million settlement in a wrongful death case involving a truck crash. Our experienced Philadelphia truck accident lawyers have successfully resolved many personal injury cases just like this one, […]
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Pittsburgh Distracted Driving Accident Lawyer
Distracted Driving is Dangerous. Our Pittsburgh Distracted Driving Accident Attorneys Can Help.
When a driver takes their eyes, or mind, off the road for even a few seconds, the consequences can be devastating. Driving requires various types of focus and attention, including keeping your eyes on the road, your hands on the wheel, and your mind focused on the act of driving. When a driver fails to do any of these actions and causes a car accident, the injury victim has the right to file a personal injury lawsuit against that driver.
If you or a loved one has experienced a motor vehicle accident that involves a distracted driver in Pittsburgh, you very well may be eligible for compensation. Contact one of the experienced Pittsburgh distracted driving accident attorneys at Munley Law today for a free case evaluation, and to learn how our Pittsburgh car accident lawyer can help protect your rights. […]
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What Are the Causes of Jackknife Truck Accidents?
Can You Avoid a Jackknife Truck Accident?
A jackknife accident is exclusive to involving semi-trucks and tractor-trailers, and can range from creating minor or major damages; often, the outcome of these accidents is significant and devastating. The causes for these types of accidents vary, but the consistent factor is that an environmental or mechanical fault instigates the truck to jackknife at the sudden onset. Commercial trucks can weigh more than 80,000 pounds and are 25 times the size of an average passenger vehicle. Needless to say, the impact and force of such an accident can bring about serious injuries, especially to passenger car victims.
If you or your loved one have been involved in a jackknife truck wreck, contact an experienced truck accident lawyer to seek compensation from the truck driver, trucking company, or others that may be potentially negligent in the truck accident. […]
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