Insurance

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.

More information about Insurance

Can I Sue After a Car Accident If I Was Not Hurt?

What Options Are Available After A Car Accident With No Injuries?

car crash traffic deaths

Everyone knows that if you are injured in a car accident, you have the option to file a lawsuit against the other driver. But what happens if you only suffer damage to your vehicle? Can you sue the other driver?

Even if you suffered no physical injuries during an accident caused by the negligence of another driver, you could still recover property damage costs. If your insurance company refuses to repair or replace a car you suffer heavy damage you might need to seek court action to have them repaired or replaced.

Understanding your legal rights after a car accident is paramount. Please note that Munley Law handles personal injury cases only.

Filing Car Accident Claim with Insurance Company

The best way to ensure you recover compensation and financial losses from insurance companies or liable parties in your car accident property damage settlement is to hire an experienced car accident property damage lawyer. […]

Wilkes-Barre Denied Medical Bills Lawyer

Denied Workers Comp in Wilkes-Barre? We Can Help.

allentown workers comp attorney

A job site injury can lead to expensive medical treatment, lengthy physical therapy, costly rehabilitation, and time away from work without pay. Workplace injuries can be serious and result in workers’ compensation benefits. Nearly 150,000 workers were injured on the job in Pennsylvania in 2020. For those injuries, over $1 million was paid by the workers’ comp system. Unfortunately, sometimes a workers comp claim is wrongly denied each year by workers’ comp insurance companies.

When you suffer a work injury on the job, a Wilkes-Barre workers’ compensation attorney can help you receive money to pay for your denied medical bills. If you or a loved one need a work injury lawyer to help you get money to cover your denied work injury, call Munley LawWe will answer your questions and discuss your options. […]

Hazleton Uber Accident Lawyer

If You Were Hurt in an Uber Accident, Contact a Hazleton Car Accident Attorney Today for Free Consultations

uber accident lawyer near me Uber provides a reliable service for anyone needing a ride in thriving cities likes Hazleton, Pennsylvania, and throughout Luzerne County. It is convenient. It helps you avoid the cost of owning and maintaining your own car. And it is smart to use a ride-sharing service like Uber, especially if you have been out on the town and want to avoid driving after having a few drinks.

While Uber can be convenient and safe, there are risks when we take a ride with Uber. A recent study conducted by the University of Chicago and Rice University, shows that car accident deaths have increased significantly with the increase in use of the Uber app.

The study suggests that the increase may be caused by Uber drivers operating their vehicles when they are distracted or tired. […]

Munley Law Personal Injury Attorneys Announces $4 Million Settlement with Shipping Company Responsible for Selecting an Incompetent Carrier

marion munley lawyer Munley Law Personal Injury Attorneys won a $4 million settlement for a client from a shipping company that selected an incompetent trucking company to transport its goods.

Munley Law Personal Injury Attorneys represented a couple that was severely injured in a multi-vehicle accident caused by one of the trucking company’s tractor trailers. According to the complaint, the accident occurred in a construction zone when a tractor trailer was unable to stop because its brakes were not properly adjusted. The truck rear ended the couple, causing a multiple vehicle collision. The accident left the couple with life-altering injuries, including paraplegia and severe back injuries.

According to the complaint, the truck carried the mandatory minimum insurance of $750,000.

“This settlement will go a long way to help our clients recover from such a horrific accident,” said Marion Munley, lead counsel on the case. […]

Workers’ Compensation Back Injury Claim

If you’ve suffered a back injury at work, hire an experienced workers’ comp attorney

A work-related back injury can have long-lasting affects, ranging from a few missed shifts to short-term or permanent disability. Pushing yourself to keep working despite a back injury can lead to a prolonged recovery process or permanent damage.

At Munley Law Personal Injury Attorneys, our Pennsylvania workers’ compensation lawyers can help you navigate the process of filing or appealing your claim so that you receive the compensation you need to recover from your back injury. Where full recovery isn’t possible, we will fight to recover the compensation you deserve to account for your new reality.