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
Lancaster Truck Accident Lawyer
If you’ve been involved in a truck accident in Lancaster, PA, the aftermath can be overwhelming and confusing. Accidents can easily happen on the bustling streets such as Queen Street and Harrisburg Avenue, or near local attractions like Central Market or Long’s Park. If you are unexpectedly in an accident involving a truck, you need the assistance of a Lancaster truck accident lawyer who understands the local laws and can navigate the complex legal landscape. 
Munley Law is here to help. As attorneys experienced in Lancaster truck accident cases, we have a proven track record of fighting for the rights of accident victims throughout Lancaster and the surrounding areas. Our legal team of dedicated Lancaster personal injury lawyers knows the unique challenges faced by someone in a passenger car who has suffered a serious injury in an accident caused by a large commercial truck. Whether your accident occurred near the vibrant downtown area or on a busy highway like Route 30, […]
Read MoreMore information about Insurance
Bensalem Car Accident Lawyer
Navigating the aftermath of a car accident is a daunting task. If you or your loved one were injured in a car crash, you need an experienced Bensalem car accident lawyer on your side to help you deal with insurance companies and focus on recovery. An attorney from Munley Law will help you understand your rights, shoulder the burden of your legal claim, and recover the compensation you deserve.
Bensalem is a bustling town nestled in the heart of Bucks County, Pennsylvania known for the tranquil beauty of Neshaminy State Park and the historic charm of the Andalusia Historic House and Gardens. But these attractions also increase congestion and the likelihood of car crashes.
At Munley Law, our lawyers are not just familiar with Pennsylvania law, but also with the local culture, landmarks, and the community spirit that makes Bensalem unique. This local knowledge gives us an edge when it comes to representing our clients in court and negotiating with insurance companies. […]
Read MoreMore information about Insurance
Williamsport Premises Liability Lawyer
Williamsport, PA, home to the celebrated Little League World Series, is a community that values safety and justice. When residents or visitors face injuries on someone else’s property, they turn to Williamsport premises liability lawyers for help. With specific local regulations and guidelines to navigate, it’s essential to seek expertise from professionals such as Munley Law, a leading firm in this area.
Whether a slip on an icy sidewalk or a fall at a local business, understanding and pursuing personal injury and premises liability claims in Williamsport requires specialized legal insight.
If you’ve been injured on someone else’s property, call Munley Law.
Understanding Premises Liability in Williamsport
Understanding premises liability in Williamsport involves recognizing the legal responsibility property owners bear for injuries sustained on their property. This responsibility is not merely a broad legal concept; it’s specifically tailored to local Williamsport regulations and state laws in Pennsylvania. […]
Read MoreMore information about Insurance
Williamsport Medical Malpractice Lawyer
If you or a loved one have suffered due to medical negligence in Pennsylvania, you have undoubtedly been through an incredibly taxing and overwhelming experience. Here at Munley Law, we believe that every victim who has been harmed or injured at the hands of a physician has a right to justice. You can trust Munley to provide compassionate and relentless representation as you navigate your personal injury case.
Our attorneys are renowned for their in-depth understanding of the complexities of medical malpractice cases, and are considered some of the leading lawyers in medical personal injury cases. What’s more, we have a proven track record of securing substantial compensation for our clients in Williamsport, PA and around the country.
At Munley Law, we are committed to holding negligent doctors accountable and ensuring that justice is served. With our unwavering dedication and proven track record, you can rest assured that your case will be in the hands of top-tier advocates, […]
Read MoreMore information about Insurance
Williamsport Lyft Accident Lawyer
From the historic Millionaires’ Row to the vibrant downtown district, Williamsport, Pennsylvania offers no shortage of beauty, community, and entertainment. Tucked between the Susquehanna River and Bald Eagle mountain, Williamsport is a nature lover’s dream. But the unfortunate truth is that even in these picturesque surroundings, accidents can and do happen.
With nearly a 33% market share, Lyft is one of the most prominent rideshare services in use today, and Lyft accidents make up a notable portion of all car accidents. Rideshare accidents can lead to serious injuries, including broken bones, traumatic brain injury, spinal cord injuries, and even death. If you or a loved one has experienced a car accident while riding in a Lyft, or a car accident that involved Lyft in any capacity, we are here to protect your rights and help you seek compensation.
With a deep understanding of the unique transportation landscape in Williamsport and surrounding areas, […]
Read More
