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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Bethlehem Lyft Accident Lawyer
We primarily think of Lyft as a convenience, a means of getting from point A to point B at a reasonable cost. It can be easy to forget that when we get into a Lyft we are trusting a stranger with our lives and safety. Would you know what to do if your Lyft driver got into an accident? What if the accident was your Lyft driver’s fault? Who should pay for your injuries? Will Lyft take any responsibility?
A Bethlehem Lyft accident lawyer at Munley Law Personal Injury Attorneys can answer these questions, and more. Since 1959, Munley has been the most trusted name in law in Pennsylvania and the Lehigh Valley. Our attorneys understand the complexities of rideshare car accidents and can help you navigate this often-confusing situation. We have decades of experience handling serious injury cases involving big transportation companies and commercial insurance policies. Let us put that experience to work for you. […]
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Hazleton Slip and Fall Lawyer
How your Hazleton accident can get you compensated for your injury and recovery
If you or a loved one have been in a Hazleton slip and fall accident, the injury, the loss of income, and the pain and suffering may seem overwhelming. Figuring out when and what you need to prove your case, all while managing your life and recovering from your injuries, is a huge challenge. Some scenarios can also involve fighting for compensation for a tragic, fatal slip and fall.
Our Hazelton slip and fall lawyers are here to help to assess your case and its damage, so that no stone is left unturned, and to make certain the evidence needed to prove negligence is collected. Contact Munley Law Personal Injury Attorneys to begin the process of fighting for the compensation that is rightfully yours; our slip and fall team has the experience, […]
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Bethlehem Brain Injury Lawyer
Everything you need to know about making your traumatic brain injury case get you what you are entitled to
If you or a loved one have suffered a traumatic brain injury (TBI), you will find that managing your injury, your lifestyle adjustments, your finances, and your emotional and psychological trauma can be more than overwhelming. If you or a loved one have been injured in a car accident, a birth injury, a sporting accident, a workplace accident, or another event that led to severe head trauma, you should not have to file a brain injury lawsuit alone. Contact the Bethlehem brain injury lawyers at Munley Law Personal Injury Attorneys to schedule a free consultation.
What is a Traumatic Brain Injury (TBI)?
TBIs can be the result of various injuries that typically involve a blow to the head in penetrating (entering the skull/open) or non-penetrating (skull surface/closed) damage. […]
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Easton Motorcycle Accident Lawyer
Helping Victims in Motorcycle Accidents Recover
When motorcyclists are involved in accidents, even low-speed crashes can result in devastating injuries. Easton motorcyclists on the I-78 and other highways and roadways are exposed to the elements with no restraints or protection outside of what the driver is wearing. In addition, motorcyclists can find themselves at greater risk of accidents in the first place, as drivers in larger vehicles may miss a motorcycle when changing lanes or making turns.
If you have been the victim of a motorcycle accident, you can turn to the Easton motorcycle accident attorneys at Munley Law for help with your claim. We have over six decades of experience in representing victims in motorcycle personal injury cases, and we have recovered impressive settlements for motorcycle accident victims throughout Pennsylvania.
Common Injuries in Motorcycle Accidents
Most cars and trucks have protections to mitigate harm done to a passenger or driver in an accident, […]
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Bethlehem Uber Accident Lawyer
Defending Your Rights After an Uber Crash
The roads can be dangerous even in the best conditions. However, when you put your trust in an Uber driver, you may not expect to end up in a serious car accident. The truth is, Uber drivers can make the same driving mistakes as any other driver, and may sometimes be at greater risk of negligent driving.
If you’ve been involved in an accident with an Uber driver, you need an experienced Uber accident attorney on your side. At Munley Law, our attorneys have been helping injured victims for over 60 years. We know how to navigate complex insurance and liability matters with car accident cases involving Uber and other rideshare company drivers.
What Causes Uber Accidents?
Uber accidents can be caused by the same risk factors as any other type of vehicle accident. […]
