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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Stroudsburg Pedestrian Accident Lawyer
If you or a loved one has been seriously injured in a pedestrian accident, a Stroudsburg pedestrian accident lawyer at Munley Law can help you recover your losses. Your outstanding medical bills are just a tiny portion of the losses you are likely to experience caused by the accident. The future costs of treatment, rehabilitation, and prescription medications could far exceed what you currently owe. We offer free consultations, and we do not charge a fee until we win your case. Call Munley Law today to start the claims process.
How a Pedestrian Accident Attorney in Stroudsburg Can Help
“On average, a pedestrian [is] killed every two hours and injured every 8 minutes in traffic crashes.”
This statement from the National Highway Traffic Safety Administration (NHTSA) underscores the extreme risks facing pedestrians in towns such as Stroudsburg and other locations throughout Pennsylvania. […]
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Stroudsburg Nursing Home Abuse Lawyer
Nursing home abuse often requires a legal severe response from a Stroudsburg nursing home abuse lawyer. Munley Law understands how difficult of a situation this can be for you and your family. We bring decades of experience, a network of experts, and a winning strategy to each nursing home abuse case we handle. If you have reason to suspect that a resident of a long-term healthcare facility is being abused by staff, doctors, administration, other residents, or visitors, we can help. Call or fill out our online form to arrange a free, confidential consultation with a Stroudsburg nursing home abuse attorney at Munley Law.
The Common Types of Nursing Home Abuse in Stroudsburg, PA
Nursing home abuse can take different forms. Some kinds of abuse will have obvious physical signs, while others are harder to detect. To spot and stop it from happening, it is important to understand the different ways that healthcare facility residents may be abused. […]
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Stroudsburg Uber Accident Lawyer
The Stroudsburg Uber accident lawyers at Munley Law Personal Injury Attorneys represent Uber passengers as well as other motorists, cyclists, and pedestrians hit by negligent Uber drivers. If you or a loved one were injured in an Uber car accident, or if a family member was killed, contact an experienced Stroudsburg car accident lawyer at Munley Law Personal Injury Attorneys or via our online form for a free, no-obligation consultation as soon as possible. We are ready to discuss the circumstances of the accident and help you understand your legal options.
Accidents with Uber and Uber Eats Drivers in Stroudsburg
While Uber can be convenient and safe, there are risks inherent in taking a ride with Uber. A recent study conducted jointly by the University of Chicago and Rice University, shows that US traffic deaths have increased sharply with the increase in Uber drivers and use of the Uber app. […]
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Stroudsburg Birth Injury Lawyer
At Munley Law, our Stroudsburg birth injury lawyers want to help parents of injured newborns receive the financial resources necessary to give their child a long, healthy life. When you file a birth injury lawsuit, you can secure fair compensation to cover medical bills, lost wages, and other expenses from your child’s injury.
If your newborn suffered a birth injury due to the negligence of a medical professional, reach out to the birth injury lawyers at Munley Law. Call today for a free consultation with one of our compassionate birth injury lawyers. We will discuss all your legal options and then work to recover the compensation you deserve. Contact our Stroudsburg office today to schedule a free consultation.
How Negligence Causes Birth Injuries in Stroudsburg
When we step into a doctor’s office or hospital, we rely on medical professionals to do everything possible to 
ensure we are safe and healthy. […]
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Stroudsburg Motorcycle Accident Lawyer
If you’ve been in a motorcycle accident in Monroe County, a Stroudsburg motorcycle accident lawyer at Munley Law can help. Our legal team has decades of experience representing motorcycle accident victims and their families. We’ve successfully handled motorcycle cases throughout the Poconos. We understand the complexities of motorcycle accident cases and the tactics insurance companies use to minimize payouts.
Let our Stroudsburg motorcycle accident lawyers put their expertise to work for you, ensuring your rights are protected and you receive the compensation you deserve. Contact Munley Law Personal Injury Attorneys today to schedule your free consultation and take the first step toward recovery.
The Role Of a Motorcycle Accident Attorney in Stroudsburg
A motorcycle accident lawyer in Stroudsburg knows how to handle all types of auto accident cases. They’re well-versed in all the laws and can guide and represent people in these situations. […]
