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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Iowa Truck Accident Lawyer
Iowa’s location in the Midwest is an important hub for the trucking industry, with major routes converging around Des
Moines. Key products moved by trucks in Iowa include tractors, corn, pork, herbicides, and aircraft parts.
The state of Iowa’s significant trucking activity on the limited interstate highways, such as I-80 and I-35, can lead to deadly accidents. If you or a loved one has been involved in a motor vehicle accident, it’s important to consult with an experienced Iowa truck accident lawyer to ensure your rights are protected.
What Makes Truck Accident Cases so Complex?
Truck accident cases are inherently complex due to the numerous factors involved.
Multiple Parties Involved
Truck crashes are complicated because they often involve several parties. In a car accident, it’s usually just the car drivers. But in a semi-truck accident, you might have the truck driver, […]
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Can Medical Malpractice Cause a Stroke?
Understanding Strokes: Types, Causes, Treatments, and Medical Malpractice
Strokes are critical medical emergencies that require swift and accurate treatment to avoid lasting damage. We will examine various stroke types, their causes, available treatments, and the impact of medical malpractice.
Types of Strokes
Delays in treatment can result in permanent disability or death. Stroke symptoms are not unique and can mimic other health issues, leading to potential misdiagnosis of stroke. Common signs of a stroke include:
- Weakness or numbness, particularly on one side of the body
- Paralysis
- Tingling in the arms or legs
- Sudden loss of leg strength
- Severe headache
- Loss of balance or coordination
- Slurred speech
- Inability to speak or understand speech
- Vision changes, such as blurred or double vision
- Dizziness
- Fainting
- Loss of vision
- Death
Strokes can vary in severity from mild to life-threatening, […]
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Wyoming Truck Accident Lawyer
Commercial trucks often travel on Wyoming’s highways, especially Interstate 80, a major route for moving goods across the country. These trucks cover long distances daily, enabling businesses to receive supplies and ship products efficiently, 
supporting local and national economies. However, the high volume of truck traffic increases the likelihood of crashes.
If you or a loved one has been injured in a Wyoming truck accident, consider contacting an expert truck accident lawyer for legal advice during this difficult time.
What Are the Most Common Causes of Trucking Accidents in Wyoming?
Trucking accidents are common along Wyoming’s highways, and its terrain and unpredictable weather make it challenging for truckers. High winds can topple trucks, and steep mountain passes slow them down. Sharing the road with large trucks adds significant risk, especially during harsh conditions.
Truck crashes in Wyoming can result in significant damage and serious injuries or fatalities. […]
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Allentown Brain Injury Lawyer
Any type of traumatic brain injury is life-changing. Whether the injury is mild, moderate, or severe, it can take a great physical, psychological, and financial toll on victims and their families. If you or a loved one suffered a traumatic brain injury due to someone else’s negligence, an Allentown brain injury lawyer at Munley Law can help you get the proper compensation you deserve to cope with the aftermath.
If you or a loved one has suffered a traumatic head injury, our Allentown brain injury lawyers are here to help. Fill out our contact form or call us today for a free consultation. It won’t cost you anything. Even if you hire us, you won’t pay anything out of pocket; we aren’t paid unless you win money. Furthermore, contacting us won’t obligate you to do anything.
How a Brain Injury Lawyer in Allentown Can Help You
A traumatic brain injury (TBI) can have long-term effects on your health and affect the way you navigate the world around you. […]
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Fatal Car Accident Lawyer
Losing a loved one due to someone else’s negligence is incredibly traumatic, and choosing the right accident lawyer is critical. At Munley Law Personal Injury Attorneys, we understand fatal car accident cases’ complex and sensitive nature.
Our team of experienced lawyers is committed to providing support, empathy, and compassion to grieving clients and their families. With over 60 years of experience, we have helped deliver legal aid to numerous clients and helped to identify and collect the compensation they deserve.
Our compassionate car accident lawyers will review your case for free and guide you on your next steps. We work on a contingency fee basis, so we do not get paid unless we win your case. Contact us today through our online form or phone for your free consultation.
