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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Easton Workers’ Compensation Lawyer
When you are injured at work, medical expenses can quickly add up. Workers’ compensation benefits are designed to help workers with financial support in the event of a workplace injury due to an accident or repetitive stress (such as back injuries or carpal tunnel) or work-related illnesses from poor, unsanitary, or unsafe working conditions.
Whether your injury occurred in Easton, Allentown, or elsewhere in the Lehigh Valley, finding an experienced Easton workers’ compensation lawyer can help. The team of dedicated attorneys at Munley Law’s Lehigh Valley law office will work tirelessly to ensure you receive maximum workplace injury benefits.
If your workers’ comp claim is denied, don’t panic. The experienced attorneys at Munley Law in Easton can help you appeal the decision and fight for the benefits you are entitled to. We have a strong track record of successfully handling denied claims and will use our expertise to advocate for you. […]
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Abington Rideshare Accident Lawyer
In Abington, PA, the rise of rideshare services like Lyft and Uber has simplified transit but also heightened rideshare-related 
accidents, sparking intricate legal battles. Navigating the legal steps after an Uber or Lyft accident involves both understanding the laws and grasping how rideshare platforms uniquely operate. With drivers wavering between being viewed as independent contractors and brand representatives, determining liability and securing compensation becomes complex. It’s not merely about knowing laws; it’s about strategic navigation through them. The Abington rideshare accident lawyers at Munley Law don’t just stand with you; we stand for you, ensuring your rights aren’t a mere expectation but a realized assurance, adeptly steering through the legal intricacies that rideshare traffic accidents entail.
Understanding Rideshare in Abington’s Bustling Environment
Abington, with its vibrant hustle and peaceful pockets, effortlessly marries the lively and serene, […]
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Abington Car Accident Lawyer
Nestled just outside Philadelphia, Abington is a charming town with a vibrant community. However, like any place, it is not immune to the unfortunate occurrences of car accidents that can disrupt the lives of its residents. Abington, Pennsylvania is at particular risk where car accidents are concerned, given its status as a commuter town. Many Abington, PA residents commute in Philadelphia during the week, which can lead to heavy traffic and a high chance that a car accident may occur en route. When the unexpected happens, seeking the guidance and expertise of Abington’s car accident lawyers at Munley Law becomes essential.With their deep understanding of local traffic regulations and a commitment to serving their neighbors, the Abington car accident lawyers at Munley stand ready to assist Abington residents in their pursuit of justice and fair compensation. If you have sustained injuries in a car crash in Abington or the greater Philadelphia area, […]
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Wilkes-Barre Bicycle Accident Lawyer
When a bicycle is struck by a motor vehicle on a city street, the rider often sustains very serious injuries. After such a bike accident, they will need help getting compensation to pay for their injuries. If this has happened to you, a bicycle accident lawyer in Wilkes-Barre can make the legal process go as smoothly and stress-free as possible for the injured party.
By choosing to hire an experienced Wilkes-Barre bike crash attorneys are fully committed to holding negligent car and truck drivers accountable for the injuries they’ve caused. The Wilkes-Barre injury lawyers at Munley Law have won millions in settlements and verdicts for injury victims. Rest assured that your bicycle accident case is in good hands.
Do I Need a Wilkes-Barre Bicycle Accident Lawyer?
By hiring a Wilkes-Barre bike accident lawyer, you will have someone by your side who can explain what your legal options are and give you an estimation of how much your claim is worth. […]
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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, […]
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