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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Bethlehem Nursing Home Abuse Lawyer
Abuse at nursing home facilities is a common issue throughout the US. If you’ve trusted a Bethlehem, Pennsylvania, nursing home to care for your loved one, it’s essential to check for signs of abuse or neglect vigilantly.
You may file a personal injury claim or lawsuit seeking compensation on your loved one’s behalf if they experience mistreatment. At Munley Law, a Bethlehem nursing home abuse lawyer is available to offer the assistance you and your loved one deserve now. Contact us today to discuss your case.
Recognizing Warning Signs in Bethlehem Facilities
When visiting your loved one, it’s important to watch for signs that they receive proper care and attention. Look for changes in their physical condition, emotional state, and living environment. Pay attention to their hygiene, nutrition, mobility, and whether they seem comfortable and well-supported by their caregivers. […]
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Harrisburg, PA – Man Flees Traffic Stop, Causing Six-Car Accident
Harrisburg, PA (January 29, 2005) – A man trying to flee a traffic stop caused a multi-vehicle accident on January 26 in Harrisburg.
According to the Pennsylvania State Police, troopers pulled over the driver on 17th Street in Harrisburg and noticed he was trying to hide items as they asked for his ID. When the man refused to leave the vehicle, investigators say the trooper tried to break the window.
The man then reversed his SUV into the police cruiser and drove off, hitting another car on 21st Street and causing a six-vehicle crash. He was taken into custody.
It is not known if anyone was injured in the accident.
Car Accidents in Harrisburg, PA
This incident highlights several critical legal considerations for those involved in multi-vehicle accidents, particularly when they result from police pursuits. According to Pennsylvania law, […]
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PERSONAL INJURY LAWYERS WHO WILL FIGHT FOR YOU
Don’t let insurance adjusters minimize your suffering or deny you fair compensation. Our record of multi-million dollar verdicts proves we know how to win, and we’re ready to put that experience to work for you. Contact our personal injury lawyers today for a free consultation and learn why many injured clients trust Munley Law to fight for their future.
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WE SERVE SCRANTON, ALLENTOWN, AND SURROUNDING AREAS. COMMON PERSONAL INJURY CLAIMS WE HANDLE
At Munley Law, we’ve built our reputation by consistently outmaneuvering insurance companies and winning substantial settlements for our clients. Here are a few examples of the personal injury case types we handle regularly:
- TRUCK ACCIDENTS
- CAR ACCIDENTS
- WORKERS’ COMPENSATION CLAIMS
- PREMISES LIABILITY
- PRODUCT LIABILITY
HOW WE CAN HELP YOU
We can work to make sure you recover all your damages. […]
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Pedestrian Rights: Navigating Truck Accidents in Crosswalks
Most people feel safe using a crosswalk as a routine activity. After all, these marked paths are specifically designed to protect pedestrians. However,
Understanding these dangers – whether they stem from poor crosswalk design, hazardous weather conditions, distracted drivers, or large commercial vehicles such as tractor-trailers – is essential for staying safe. If you’ve been injured while using a crosswalk in Pennsylvania, understanding these factors can also be important for protecting your legal rights.
If you or a loved one has been involved in a pedestrian accident in the crosswalk in PA, your first call should be to the experienced pedestrian accident attorneys at Munley Law. We understand these complex cases and can help you navigate the legal process. Call Munley Law for a free consultation, and let us fight for the compensation you deserve.
Pedestrian Rights and Responsibilities in Pennsylvania
Pennsylvania law states that pedestrians have the right-of-way in marked crosswalks and at intersections with unmarked crosswalks. […]
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Do I Need Workers’ Compensation if I’m Self-Employed in Pennsylvania?
Whether you’re running a small construction company in Philadelphia or working as a freelance consultant in Pittsburgh, you need to understand Pennsylvania’s workers’ compensation requirements. Knowledge is essential for protecting both your organization and your personal well-being. Many self-employed professionals believe they can opt out of workers’ compensation coverage, but workers’ comp insurance is not that simple.
If you run a organization with no other employees, workers’ comp coverage is generally optional for you. However, as soon as you hire one employee, Pennsylvania state laws generally requires you to maintain workers’ comp The Pennsylvania Workers’ Compensation Act provides coverage requirements for all employers. Requirements can vary by industry, organization structure, and whether you work with subcontractors.
Contractors should also consider the impact of an accident. A single workplace injury without proper coverage could result in substantial medical bills and lost income, […]
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