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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Ross Township, PA – Multi-Vehicle Accident Sends Four to the Hospital
ROSS TOWNSHIP, PA (March 2, 2025) – At least five people were involved in a serious car accident in Ross Township on March 1.
According to news reports, a vehicle was driving north on McKnight Road when it made a U-turn at Mcintyre Road, causing the car to flip over. Four people, a man, a woman, and their two grandchildren, were inside the vehicle at the time of the crash.
The children and the woman were taken to the hospital for treatment.
According to officials, two other vehicles were involved in the crash. Another person was also taken to the hospital for knee pain.
Police are investigating the accident.
Multi-Vehicle Accidents in Allegheny County
After a multi-vehicle accident in Allegheny County, victims can seek compensation to cover their medical bills, lost income, vehicle repairs, and pain and suffering. […]
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West Chester Truck Accident Lawyer
Being involved in a truck accident is unlike any other accident. Occupants in passenger vehicles are subject to the impact of a vehicle that can be over 20 times the car’s weight and size. Because of that difference alone, truck accident victims face catastrophic injuries and even death.
West Chester, a historical Pennsylvanian town that sits in between Philadelphia and Wilmington, has major trucking routes that run through it. Route 202 and Highway 322 see constance commercial truck traffic mingling with local drivers. While these trucks and their truck drivers serve an essential role in Pennsylvania and the United States’ economy, their presence makes the roads inherently more dangerous for regular drivers.
At Munley Law, our West Chester truck accident attorneys understand the devastating physical, emotional, and financial impact truck accidents have on victims and their families. Our experienced attorneys have helped thousands of Pennsylvania residents rebuild their lives after truck accidents, […]
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York Lyft Accident Lawyer
Here in York County, the rising popularity of rideshare services has unfortunately led to more car accidents on busy routes like I-83, Route 30, and downtown Market Street. After a Lyft accident, you may face mounting medical bills, lost wages, and complicated insurance claims.
Rideshare accidents differ from typical car crashes. Multiple insurance policies often apply, and your compensation might depend on whether the Lyft driver was actively transporting a passenger, heading to pick up a ride, or simply logged into the app. Pennsylvania’s insurance laws create additional challenges, making local legal expertise necessary for your case.
Experienced Lyft auto accident attorneys provide valuable support when you’re injured in a rideshare crash. Our York legal team understands the local area and the specific challenges of such cases. We’ve helped passengers and other victims handle claims involving Lyft’s insurance policy, personal insurance carriers, and third-party coverage.
Whether you were a passenger in the Lyft, […]
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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, clinic, or specialist’s office. […]
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