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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What Is the No Zone of a Truck?
In the age of Amazon Prime and endless online shopping, more trucks are on our nation’s roads than ever. With more large trucks on the road come more safety concerns, particularly for those in passenger vehicles. In recent years, fatality data from the National Highway Traffic Safety Administration (NHTSA) shows concerning trends in truck-involved accidents, particularly in large truck “no-zone” areas—blind spots.
If you have been in an accident with a truck because you were in one of their blind spots, you still may be entitled to compensation. Contact Munley Law to speak with one of our attorneys today.
Understanding Truck No Zones: The Invisible Danger Zones
The “no zone” of a truck is the area directly around a semi-truck where there are blind spots, meaning the truck driver has no or limited visibility. If any passenger vehicle is in a truck’s no zones, […]
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Police Identify Driver Involved in Hit and Run Pedestrian Accident in Franklin County
Police have recently identified a suspect involved in a hit and run car accident that sent a pedestrian to the hospital in Franklin County on December 19.
According to Waynesboro police, a vehicle had struck a person at the intersection of South Church Street and East Second Streets in Waynesboro at around 6:40 a.m. The pedestrian was taken to the hospital soon after the crash with non-life-threatening injuries.
Hit and Run Accidents Involving Pedestrians in Pennsylvania
Hit and run pedestrian accidents represent some of the most concerning car accidents in Pennsylvania, with victims often left without immediate medical attention during critical moments after impact. These accidents frequently occur in areas with high foot traffic, such as downtown districts, residential neighborhoods, and near public transit stops, particularly during evening hours when visibility is reduced.
Witnesses play a vital role in helping law enforcement identify the fleeing vehicle. […]
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Casino Injury Lawyer
A trip to popular casino resorts across the United States can be tons of fun. Whether you’re visiting Las Vegas, Atlantic City, or one of the many tribal or commercial casinos nationwide, you’ll find everything from gambling and fine dining to cocktails, spa services, and world-class entertainment, what more could you need? Casinos are essentially playgrounds for adults, but like any recreational venue, accidents can happen. If you’re injured in a casino accident, you may have a valid personal injury claim and be entitled to financial compensation. Casino operators have a legal duty to maintain safe premises for their guests. Find out if you have a claim today by consulting with an experienced Casino injury attorney at Munley Law.
Steps to Take After a Casino Injury
When an injury or accident happens, you might immediately feel embarrassed and try to downplay the incident. However, […]
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The At Fault Driver Wants to Pay Out of Pocket. Should I Accept?
Medical bills. Repair costs. A painful recovery from your injuries.
These are just some of the potential consequences of a motor vehicle crash. If you’ve been injured in such a wreck, particularly one another negligent motorist caused, compensation may be available for your losses. The most common ways to recover it are to file an insurance claim or a lawsuit.
However, sometimes, the at-fault driver will offer cash immediately or shortly after an accident. Understanding the pros and cons of accepting a cash offer can help you better determine whether doing so is the best option now. For more information, contact Munley Law today and discuss your car accident case with a free consultation.
Understanding Out-of-Pocket Settlement Offers
There is no law in most other states requiring motorists to settle car accidents via traditional processes, […]
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Hotel Accident Lawyer
When you visit a hotel, one of your expectations is that it’s a safe place to spend the night. It’s your temporary home, where you can relax and plan for the next day’s activities. But sometimes, a hotel does not offer the safety that you deserve. Sometimes, there are dangers present in the hotel that can cause injury. Or even worse, a negligent staff member could have caused your injuries. Soon, your home away from home will not be as comfortable and as safe as it once was.
If you were involved in an accident while visiting a hotel or motel, you would need an experienced hotel accident lawyer to help get the compensation you need. For 65 years, the hotel accident lawyers at Munley Law Personal Injury Attorneys have been helping hotel accident victims across the United States. Our team of award-winning lawyers will not rest until you receive proper compensation for your injuries. […]
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