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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When Should I Hire a PA Trucking Accident Lawyer?
If you are involved in an accident with a heavy truck, you are likely to be experiencing a mix of emotions–shock, confusion, and generally being overwhelmed with the process of recovery. You need to figure out medical care, time off work, motor vehicle repairs, and insurance.
With all the questions swirling around the aftermath of the accident, you may also wonder about whether you should hire a lawyer to help you with legal counsel through the process, and if so when. You may be tempted to put off that decision until you deal with your insurance first. However, especially in a serious truck accident, it can often be advantageous to hire a lawyer after the accident.
If you’re interested in hiring a Pennsylvania truck accident lawyer or wondering whether you should obtain legal counsel, don’t hesitate to give us a call. […]
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Bethlehem Dog Bite Lawyer
Did You Suffer an Injury After a Dog Bite in Bethlehem? Let Us Help
Dogs can be loyal companions, steadfast guards, and loving members of the family. If you get on the wrong side of a dangerous dog, however, they can also be terrifying attackers. Getting bitten by a dog can be a traumatic experience. In addition to the injuries suffered from a dog attack, you are likely to suffer severe emotional distress stemming from an attack by a vicious dog.
If you have suffered from a dog attack in Bethlehem, Pennsylvania, you need to be aware of your rights to recover compensation for both medical expenses and emotional distress. Dog owners in the Lehigh Valley are ultimately responsible for the actions of their animals and are required to make up for the injuries they cause. An experienced Bethlehem dog bite lawyer from Munley Law can be an invaluable resource in getting the compensation you deserve. […]
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Philadelphia Workers’ Compensation FAQs
Injured workers in Philadelphia have a right to benefits under the workers’ compensation system.
The Philadelphia workers’ compensation attorneys at Munley Law have been serving the residents and workers of Philadelphia for more than 60 years. Munley Law is nationally recognized for our work on behalf of our clients. We are consistently named to the Best Lawyers in America lists. Our attorneys are board certified by the National Board of Trial Advocacy and have obtained millions for our clients who have sustained an injury in the workplace.
We can help you receive the benefits you deserve. Our Philadelphia workers’ compensation law firm understands that the aftermath of a work-related accident can be devastating. Workers’ compensation attorney Caroline Munley is certified as a specialist in the practice of workers’ compensation law by the Pennsylvania Bar Association’s Section on Workers’ Compensation Law as authorized by the Pennsylvania Supreme Court. […]
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Pittsburgh Workers’ Compensation FAQs
Our Pittsburgh Workers’ Compensation Lawyer will Fight for Your Rights
It is your right as an employee to file a workers’ comp claim and to have your medical expenses and wages paid while you recover from the injury or illness. The experienced Pittsburgh workers’ compensation lawyers at Munley Law can help you navigate the process, inform you of your rights, and help you work through any obstacles that come up.
A Pittsburgh workers’ compensation attorney at Munley Law can help you file your claim, prepare for and attend workers’ comp hearings, and appeal denials if necessary. If you or a loved one has been hurt at work or has become sick from workplace conditions in Pittsburgh, you need to know that you have rights.
What Are the Largest Industries in Pittsburgh?
Strategically located at the intersection of the Monongahela, […]
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Wilkes-Barre Workers’ Compensation FAQs
Answering Your Questions About Work Injuries in Wilkes-Barre
If you are a worker in any of Wilkes-Barre’s many businesses and you have been injured due to an accident resulting from job-related duties or if you are suffering from a job-related disease you might be wondering what your next steps are. Whether you are ready to apply for workers’ compensation benefits or if you have questions about what you might qualify for, call the Wilkes-Barre workers’ compensation lawyers at Munley Law today or fill out our form below for your free consultation. Our workers’ comp lawyers have more than 60 years of experience fighting for injured workers in Wilkes-Barre. We are nationally recognized for our expertise and record-setting awards for our clients.
Our Wilkes-Barre workers’ comp attorneys represent people hurt at work in Luzerne County. Call us today for a free consultation. We charge you nothing until you receive workers compensation benefits. […]
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