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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Carbondale Construction Accident lawyer
Construction accidents represent a significant and persistent issue in the building and infrastructure industry worldwide. These accidents, often preventable, can lead to severe injuries, fatalities, time delays, and financial losses, impacting not only the workers directly involved but also their families, the construction firms, and society at large.
Despite advancements in safety measures, technology, and training, construction sites remain hazardous environments, plagued by factors such as high-altitude work, heavy machinery, electrical hazards, and physical exertion. The complexities of construction projects, the fluctuating working conditions, and the diverse range of tasks contribute to a multitude of potential risks and dangers. Understanding the causes and prevention strategies for construction accidents is essential for improving workplace safety, enhancing productivity, and ensuring the well-being of workers.
Carbondale construction accident lawyers are legal professionals who represent victims of construction site accidents in Carbondale, PA, and its surrounding areas. In an industry as hazardous as construction, […]
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Carbondale Brain Injury Lawyer
Brain injuries in Carbondale PA can result from various causes, including automobile accidents, slip and falls, sports-related incidents, workplace accidents, and medical malpractice. The consequences of these injuries can range from mild concussions to severe traumatic brain injuries (TBIs), requiring extensive medical treatment, rehabilitation, and ongoing support.
Navigating the legal complexities surrounding brain injury cases in Carbondale PA is essential to ensuring that PA victims receive the necessary medical care, rehabilitation, and compensation they deserve. In Carbondale, individuals and their families turn to experienced brain injury lawyers who specialize in these cases to provide legal representation and advocate for their rights.
Brain injury lawyers in Carbondale possess specialized knowledge and expertise in understanding the intricacies of brain injuries, the long-term implications they have on victims’ lives, and the legal aspects of pursuing compensation. These legal professionals work closely with medical experts, […]
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Carbondale Bicycle Accident Lawyer
Bicycle accidents in Carbondale can occur due to various factors, including distracted driving, inadequate infrastructure, lack of awareness among motorists, and even cyclist error. The consequences of these accidents can range from minor injuries to severe, life-altering incidents. The local authorities and organizations in Carbondale are actively working to address this issue by implementing safety initiatives, promoting education campaigns, and improving cycling infrastructure to ensure the well-being of both cyclists and motorists.
Our Carbondale bicycle accident lawyers not only possess a deep understanding of personal injury law but also have a comprehensive knowledge of local traffic regulations and the dynamics of cycling in the area. They work closely with their clients, providing personalized attention and guidance throughout the legal process. Their primary goal is to help victims obtain fair compensation for medical expenses, lost wages, property damage, pain and suffering, […]
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Carbondale Car Accident Lawyer
Don’t Fight the Insurance Company Alone. Our Carbondale Car Accident Attorneys Can Help.
Known as The Pioneer City, Carbondale is a beautiful town with incredible American history and some of the best trails and parks in Pennsylvania. Running through Carbondale are roadways like the Scranton Carbondale Highway, PA-106, and Brooklyn Street. Sitting just east of Carbondale are US-6 and Roosevelt Highway. While these roadways help residents and tourists explore the town that sparked America’s Industrial Revolution, they are also the sites of many Carbondale car accidents.
In the aftermath of an accident, dealing with insurance companies, accident claims, police reports, and medical care can be a daunting task. So many accident victims accept their losses because they are too overwhelmed. They don’t know where to begin, they don’t know where to turn, and they just want to move on with their lives.
This is where Munley Law comes in. […]
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Wilkes-Barre Workers’ Compensation for Corrections Officers
Wilkes-Barre Workers’ Compensation: Injury Claims for Corrections Officers
Workers’ compensation for corrections officers, or any category of jail or prison worker, should be easy to obtain, following a proven on-the-job injury. Managing inmates with records of violence is one of the riskiest professions, according to statistics. Yet achieving approval for workers comp payments when injured is not always simple. All too often, officers with worthy claims encounter obstacles. If you or someone you know was injured while working as a corrections officer at the Luzerne County Correctional Facility or a jail or prison in or near Wilkes-Barre, Pennsylvania, a knowledgeable, conscientious Wilkes Barre workers’ compensation attorney at Munley Law Personal Injury Attorneys may be able to help.
When a corrections officer suffers a workplace injury, it’s important to follow the steps mentioned in this post. Each requirement should be completed on time via the proper channels. […]
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