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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Chemical Plant Explosion Lawyer
Chemical plant explosions can cause catastrophic damage to victims and their families. Whether the explosion was caused by human error, safety violations, or equipment failure, the results are the same – serious and even fatal injuries, leaving families with emotional, physical, and financial challenges.
If you have been injured or a loved one was tragically killed in a chemical plant fire or explosion, Munley Law chemical plant explosion lawyers can help identify your legal options and fight for maximum compensation.
Immediate Steps After a Chemical Plant Explosion
Life in the aftermath of a chemical plant explosion can be chaos as you deal with traumatic physical and mental injuries. It can be hard while you are still reeling from the experience to think clearly, but protecting yourself legally and financially requires a few steps.
Seek Medical Attention
The most important thing is to get medical treatment. […]
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What Are the Tire Requirements for Commercial Trucks?
Truck tires play a vital role in a commercial vehicle’s safety, directly impacting braking, steering, and driving performance. However, over time, tires can wear down and become hazardous, putting everyone on the road at risk. Commercial truck drivers and owners must comply with strict tire regulations to ensure safety. If you’ve been involved in a truck accident where tire failure was a factor, it’s essential to understand how tire maintenance and safety standards may have been violated. 
Federal Commercial Truck Tire Safety Standards
Federal Commercial Truck Tire Safety Standards are in place to prevent accidents caused by tire failures. These regulations include minimum tread depth requirements to ensure proper traction, tire pressure monitoring rules to avoid under-inflation, and specific regulations for steer axle tires to provide stability.
Additionally, retread tires must meet strict safety guidelines to reduce the risk of blowouts. […]
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PennDOT Employees, Others Injured in Chain-Reaction Crash in Camp Hill, PA
Several people, including three Pennsylvania Department of Transportation employees, were transported to the hospital following a chain-reaction accident in Camp Hill on December 27.
According to news reports, a multi-vehicle accident occurred on Route 581 East around 1:50 p.m., stopping traffic on the road. The traffic then caused a chain reaction crash into PennDOT’s crew.
Passengers in vehicles involved in the crash needed to be extricated and taken to the hospital for treatment.
Chain Reaction Accidents
A chain reaction accident, more commonly known as a multi-vehicle accident or pileup, occurs when three or more vehicles are involved in a series of car crashes. These accidents are common on roadways where vehicles travel at high speeds with minimal reaction time. Poor weather conditions such as rain, snow, or fog can significantly increase the risk, as reduced visibility makes it harder for drivers to spot and react to hazards ahead. […]
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Do You Need a CDL to Drive a Box Truck?
One of the most important questions when driving a box truck is whether you need a Commercial Driver’s License (CDL). This 
decision hinges on several factors, such as the truck’s weight, intended use, and cargo. Box trucks are commonly used for business and personal purposes, but knowing the exact requirements for each type of use can be complicated.
Understanding these rules is important, as they affect everything from legal compliance to insurance coverage and liability in the event of an accident. Whether you’re using a box truck for local deliveries or long-distance hauls, different classifications apply, and failing to adhere to these requirements may result in serious consequences.
Key differences in box truck operations include licensing requirements, vehicle classifications, and the consequences of driving without the proper CDL. Operating a box truck without the correct credentials can result in serious penalties and liabilities.
Commercial Driver’s License Requirements for Box Trucks
Driving a box truck requires a specific set of skills and qualifications, […]
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What Age Can a Child Ride on the Back of a Motorcycle in PA?
Is there a motorcycle passenger age limit in Pennsylvania? You may have questions about the minimum age for motorcycle passengers in the Commonwealth if you’ve been thinking about taking your child on the back of your bike.
Pennsylvania’s motorcycle laws have little to say about the minimum legal age of motorcycle passengers. However, they address other critical safety issues.
At Munley Law, serving the area since 1959, we know obeying the law can’t always prevent harm. If you or your child has been hurt in a motorcycle accident, contact our Motorcycle accident lawyer in Philadelphia, Scranton and Allentown for a free consultation.
Pennsylvania Law on Child Motorcycle Passengers
The Pennsylvania law addressing motorcycle passenger safety doesn’t establish a minimum age for passengers. This isn’t uncommon. Most states don’t have laws prohibiting motorcyclists from riding with child passengers as long as they abide by other applicable safety requirements. […]
