Insurance

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.

More information about Insurance

What Should You Do After a Hit and Run Car Accident in Williamsport, PA?

Each year, thousands of drivers find themselves victim to a hit and run car accident on the roadways or in a parking lot. When the initial shock ends, victims are left in battles with the insurance company, mounting medical expenses, and property damage. Knowing what to do after a hit and run car accident in Williamsport can be critical to the success of your personal injury claim.

A Williamsport car accident lawyer at Munley Law can guide you through the next steps if you were involved in a hit and run accident.

What is a Hit and Run Car Accident?

What should you do after a hit and run car accident in Williamsport, PA? A hit and run accident is a collision involving a car, pedestrian, or piece of property where one driver flees the scene, leaving the victim without information to contact them for the next steps. Hit and run accidents differ from other automobile accidents because the victim must utilize their auto insurance alone to recoup damages. […]

Can You Sue for a Workplace Injury in Mehoopany, PA?

If you’ve been injured at your workplace in Mehoopany, you may wonder whether you should first talk with a Mehoopany workers’ compensation lawyer before deciding to sue. Let’s explore the compensation process and when you might consider additional legal action.

How Can Workers’ Compensation Help Me After My Work Injury?

Workers’ compensation is a legal safety net—covering everything from wage replacement to death-benefit payments when tragedy strikes. If you’ve sustained a workplace injury in Mehoopany, you can file a workers’ compensation claim to seek financial support for medical bills and lost wages. These claims serve as a lifeline for injured workers who might otherwise suffer significant hardship.

It’s vital to understand every right—especially niche awards like specific-loss benefits—and the full menu of compensation available under the Pennsylvania Workers’ Compensation Act.

Most employers in Mehoopany must provide workers’ comp coverage. […]

Mehoopany Car Accident Lawyer

At Munley Law, we are dedicated to serving Mehoopany, PA, and its surrounding communities by providing exceptional legal representation to those who have suffered personal injuries in car accidents. As your local Mehoopany car accident lawyer, we understand the challenges you face after being involved in an accident, and we are here to help you navigate the complex legal landscape to secure the compensation you deserve.

How Can a Mehoopany Car Accident Lawyer Help Me With My Claim?

A Mehoopany car accident lawyer will handle all aspects of your case, from filing claims to negotiating with insurance companies, allowing you to focus on your recovery.

We aim to ensure you receive total compensation for your losses, including medical bills, lost wages, and pain and suffering. We leverage our expertise to build a strong case on your behalf, aiming for the best possible outcome. […]

How is Pain and Suffering Calculated in Williamsport, PA?

In Williamsport, Pennsylvania, and across the country, personal injury law plays a critical role in seeking justice for those who have been harmed due to the negligence or wrongdoing of others. One of the most complex aspects of these claims is understanding how pain and suffering damages are calculated.

What is Pain and Suffering?

Pain and suffering is a legal term used to define the physical and emotional anguish experienced by a person due to an injury. It’s a complex aspect of personal injury claims in Pennsylvania and falls under non-economic damages – which signifies intangible losses that have a definitive monetary value.

Physical pain can stem from the immediate injury and any necessary medical treatments. At the same time, emotional suffering can arise from the trauma of the event and the ongoing impact on the individual’s quality of life.

In short, […]

Williamsport Workers’ Compensation Death Benefits

Dealing with the loss of a loved one is an overwhelming experience. When that loss is a result of a work-related accident or injury, it can be even more devastating for the surviving family members. While no amount of workers’ compensation benefits can replace your loved one, it can help alleviate the financial stress that comes along with their untimely passing. This is where a Williamsport workers’ compensation death benefits lawyer can provide indispensable help.

Understanding Williamsport Workers’ Compensation Death Benefits

In the unfortunate event that an employee loses their life due to a job-related accident or illness, workers’ compensation death benefits step in to provide essential financial support. Tailored to ease some of the monetary burdens following such a tragic event, these benefits can help offset the costs of funeral expenses, accumulated medical bills, and lost wages while offering financial stability to dependents.

Understanding these benefits is the first step towards securing the financial assistance you’re entitled to during this difficult period. […]