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 Drowsy Driving Accident Lawyer
If you’ve been involved in a car accident in Hazleton, Pennsylvania, you’re not alone. The bustling intersections of Broad Street and Church Street, the busy stretch of Route 309, and the unpredictable weather conditions around the Pocono Mountains can make our roads a challenging place to navigate. When an accident happens, it can be a life-altering event, especially if it involves drowsy driving. That’s where Munley Law comes in. As your dedicated Hazleton car accident lawyers, we’re here to help you navigate the legal process and seek the compensation you deserve.
Understanding Drowsy Driving Accidents 
Drowsy driving, a pervasive and often overlooked issue, casts a long and dangerous shadow over the roads of Hazleton and the surrounding areas. This problem is not confined to any one group of drivers. It affects everyone, from the truck drivers who traverse the long, […]
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How Long Do I Have To File A Lawsuit After A Motorcycle Accident?
Have you recently been involved in a motorcycle accident? If so, it’s important to know that there is a time limit within which you must file a lawsuit to seek compensation for your injuries. This time limit is known as the statute of limitations, and it varies from state to state.
Understanding the statute of limitations is crucial to ensure that you don’t miss out on your opportunity to pursue legal action.
The statute of limitations for filing a lawsuit after a motorcycle accident can range anywhere from one to six years, depending on the state in which the accident occurred. It’s essential to consult with a personal injury attorney as soon as possible to determine the specific time limit in your jurisdiction.
Failing to file a lawsuit within the specified timeframe can result in your claim being barred forever, leaving you without any legal recourse to recover damages for your injuries. […]
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How Does Speeding Affect Motorcycle Accidents?
Are you an avid motorcycle rider? If so, it’s crucial for you to understand how speeding can have a significant impact on motorcycle accidents.
Speeding not only affects your reaction time but also increases the kinetic energy involved in a collision. By understanding the relationship between speed and motorcycle accidents, you can take steps to promote safer riding practices and avoid the legal consequences of speeding.
When you choose to speed on your motorcycle, your reaction time becomes compromised. As you ride at high speeds, your brain needs more time to process information and respond to potential hazards on the road. This delay in reaction time can be critical when it comes to avoiding accidents. By choosing to ride within the speed limit, you give yourself the best chance of reacting quickly and effectively to any unexpected situations that may arise.
Furthermore, the relationship between speed and kinetic energy cannot be ignored. […]
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Pittsburgh Hit and Run Car Accident Lawyer
If you’ve been Involved in a Pittsburgh hit and run accident, the expert car accident lawyers at Munley Law are here for you. Contact us for a free consultation today.
Pittsburgh is often rated one of the best places to live in Pennsylvania. It offers a mix of both urban and suburban amenities, quality schools, and is often considered a safe and all around nice place to live. Even still, hit and run accidents can happen anywhere; Pittsburgh is no exception.
If you or a loved one was involved in a hit and run accident, you don’t have to navigate the aftermath alone. A hit and run lawyer can help you and your family recover the compensation you deserve to start moving forward.
What is a Hit and Run Accident? 
A hit and run accident generally occurs when the at fault driver leaves the scene of an accident. […]
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Can You Sue For Wrongful Death In A Motorcycle Accident Claim?
Are you wondering if you can sue for wrongful death in a motorcycle accident claim? Losing a loved one in a tragic accident is devastating, and seeking justice for their untimely death is an important step towards closure.
In this article, our motorcycle accident lawyers will explore the possibilities of filing a wrongful death claim in the context of a motorcycle accident.
When it comes to wrongful death claims in motorcycle accidents, understanding the legal process is crucial. To successfully sue for wrongful death, you will need to establish negligence on the part of the responsible party. This means proving that their actions or lack of action directly caused the accident and subsequent death.
It may involve gathering evidence such as witness testimonies, accident reports, and expert opinions to build a strong case. Additionally, each state has its own set of laws and statutes of limitations that govern wrongful death claims. […]
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