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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Pittsburgh Boat Accident Lawyer
With three major rivers converging in the heart of the city — the Allegheny, Monongahela, and Ohio — Pittsburgh’s waterways are busy with recreational boaters, fishing vessels, and commercial traffic year-round. When accidents occur on these waters, the physical, emotional, and financial toll can be overwhelming.
Munley Law’s experienced legal team has helped numerous boating accident victims recover compensation for medical bills, lost wages, and other damages. We work diligently to investigate every aspect of your case, from gathering evidence to consulting with maritime experts, ensuring you receive the maximum compensation you deserve.
Don’t let a boating accident derail your life. Contact Munley Law today for a free case evaluation with our experienced Pittsburgh boat accident attorneys. Our team is ready to evaluate your case and help you understand your legal options.
Common Causes of Boating Accidents in Pittsburgh
The beautiful rivers surrounding Pittsburgh provide countless opportunities for recreation, […]
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West Chester Medical Malpractice Lawyer
When your doctor or other healthcare provider makes a harmful or life-threatening mistake, a medical malpractice lawsuit can hold them accountable and make sure you receive proper compensation for your losses. At Munley Law, we understand the devastating impact that medical errors can have on patients and their families. Our experienced West Chester medical malpractice attorneys have spent decades representing Pennsylvanians who have suffered because of someone else’s negligence. We are ready to get to work for you today.
If you or a loved one has experienced injuries due to medical negligence in West Chester or elsewhere in Chester County, contact Munley Law for a free consultation. Our attorneys will review your case and help you understand your legal options for pursuing compensation.
Holding Negligent Medical Providers Accountable in West Chester, PA
Medical negligence and malpractice can happen at any hospital, […]
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West Chester Car Accident Lawyer
A West Chester car accident lawyer at Munley Law understands that a car crash can turn your life upside down in seconds. Our experienced attorneys have helped people in Chester County recover compensation for their injuries, medical bills, and lost wages. From serious collisions on West Chester Pike to rear-end accidents near West Chester University, we’ve successfully handled thousands of car accident claims in our community.
With 65 years of experience serving Chester County families, Munley Law knows what it takes to win against insurance companies. We work directly with local medical providers, handle all paperwork and negotiations, and fight to get you the maximum compensation you deserve. Our deep knowledge of Pennsylvania’s insurance laws and strong track record of multi-million dollar settlements sets us apart.
Don’t wait to get help after a car accident. Contact our West Chester office today for a free consultation, […]
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Pittsburgh, PA – Car Splits In Half After Crashing Into Pole
PITTSBURGH, PA (February 27, 2025) – One person was taken to the hospital after their car was split in half in Pittsburgh on February 25.
According to news reports, emergency crews were called to the 7200 block of Penn Avenue in Pittsburgh’s Point Breeze neighborhood at 11:23 a.m.
Witnesses say the driver was speeding and appeared to lose control of the car before hitting a pole, splitting the car in half.
The driver was taken to the hospital and remains in critical condition. Police are investigating the car accident.
Speeding Car Accidents in Pittsburgh
From a legal standpoint, speeding-related car accidents in Pittsburgh involve complex considerations under Pennsylvania law. When a driver exceeds posted speed limits or drives too fast for conditions, they breach their duty of care to others on the road, potentially establishing negligence in civil claims. […]
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Lackawanna County, PA – Pedestrian Struck By Car Near I-81 South Ramp
LACKAWANNA COUNTY, PA (February 26, 2025) – A man was struck by a car near an I-81 South exit ramp in Scranton on February 26.
According to news reports, emergency crews responded to the intersection of the I-81 South ramp and Main Avenue around 7 a.m after a 63-year-old man was hit by a car while crossing the street.
The man was taken to the hospital with life-threatening injuries and is listed in critical condition.
The crash is under investigation.
Pedestrian Accidents in Scranton
Pedestrian accidents in Lackawanna County present serious concerns for residents and visitors alike. The urban landscape of Scranton and surrounding communities creates unique hazards where pedestrians and vehicles interact daily. Many of these car accidents occur at poorly marked crosswalks, during adverse weather conditions common to northeastern Pennsylvania, or in areas with inadequate street lighting. […]
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