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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What Are the Most Dangerous Roads in Pennsylvania?
Driving in Pennsylvania can be beautiful, but it also comes with risks. Some roads in the state are known for their high number of fatal crashes. The deadliest roads in the Commonwealth can be found in rural and urban areas, each with hazards. Whether commuting to work or taking a road trip, being aware of the dangerous highways that might put you at risk is essential.
Sharp curves and long stretches of road are standard on Pennsylvania’s roadways and highways, often leading to fatal accidents. Dangerous intersections and poor road conditions, such as bad potholes or road crookedness, can also contribute to these tragic events. Understanding where these danger zones are can help you stay safe and avoid becoming a victim of these hazardous roads. You must take precautions and drive more carefully on Pennsylvania’s far most dangerous roads.
What Are the Most Dangerous Interstates in PA? […]
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Philadelphia Bus Accident Lawyer
Expert Legal Assistance for SEPTA Bus Accident Victims
If you’ve been injured in an accident involving a SEPTA vehicle in the Philadelphia area, you may be entitled to compensation. The Southeastern Pennsylvania Transportation Authority (SEPTA) operates a vast network of buses, trains, trolleys, and subways serving Philadelphia and its surrounding counties. Accidents involving SEPTA vehicles can result in serious injuries, leading to significant medical expenses, lost wages, and other damages.
Filing a personal injury claim against SEPTA involves specific legal requirements, including providing notice of your intent to sue within six months of the accident.
Additionally, you must adhere to other conditions to recover compensation, such as timely filing of your lawsuit and presenting a strong case backed by thorough evidence. This process can be complex and challenging, but the experienced Philadelphia bus accident lawyers at Munley Law Firm are here to help. […]
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Amazon Van Accident Lawyer
It’s no secret that Amazon places immense pressure on its drivers to make the maximum amount of deliveries in the shortest amount of time. Drivers are constantly double-parked, in a rush, distracted by GPS and time constraints, and are often not experienced CDL drivers. As these Amazon delivery vans are a common sight on the roads, the e-commerce giant continues to expand its delivery network. With more and more delivery truck drivers on the road, accidents involving these vehicles are unfortunately on the rise.
If you have been in a collision with an Amazon van, call an Amazon van accident lawyer at Munley Law today. We have been fighting for the rights of accident victims for 65 years.
Types of Amazon Delivery Truck Accidents
The types of Amazon delivery truck accidents include:
- Rear-end collisions often occur when the Amazon van follows another vehicle too closely or fails to stop in time. […]
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Virginia Truck Accident Lawyers
If you or a loved one have been in a truck accident in Virginia, managing injuries and damages can be overwhelming. Truck accident injuries and damages can be overwhelming for you and your family. On top of that, managing medical care, lost wages, and unforeseen expenses with the most efficient practice is a lot to take on when emotions are high, and pain management can be genuine. A knowledgeable and experienced Virginia truck accident lawyer can help steer your case and help you receive the fair compensation you and your loved ones are entitled to during this vulnerable time. Contact a truck accident lawyer at Munley Law for your free consultation and case review today.
What does a truck accident lawyer in Virginia do?
A Virginia truck accident lawyer makes sure to encompass the circumstances of your accident with care, combing through all details. […]
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Traumatic Brain Injury Lawyer
A traumatic brain injury (TBI) or head injury, occurs when an outside force hits the skull and causes brain damage or injury. An object may strike the head during a slip and fall, a motor vehicle accident, an assault, or a workplace accident.
Head injuries range in severity from mild to moderate to severe.
Most brain injury victims suffer a mild injury, but for those with moderate to severe symptoms, the results can be catastrophic, leading to long-term disability and even death. For these victims and their families, it is imperative to contact a traumatic brain injury lawyer.
For over 60 years, Munley Law has represented personal injury victims. Call the traumatic head injury lawyers of Munley Law today for a no-obligation, free consultation.
