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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Motorcycle Accident Lawyer
When a motorcyclist is hit by a car, truck, or another large vehicle, the results can be catastrophic, and you will need an experienced motorcycle accident lawyer to get full compensation for your injuries.. With little protection from the impact, the motorcycle rider may suffer life-threatening injuries that take months or years to heal. The aftermath of a motorcycle accident can be a harrowing time, physically and financially. As the injured victim, you have the right to seek compensation.
Your choice of law firm matters. The motorcycle accident lawyers at Munley Law have 65 years of experience representing injured victims. Our award-winning motorcycle accident attorneys have recovered significant settlements and verdicts for injured motorcyclists. We have consistently been recognized as the Best Lawyers in America and are board-certified by the National Board of Trial Advocacy. Most importantly, we get results.
Contact us today to schedule a FREE consultation. […]
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18 Wheeler Accident Lawyers
Every 16 minutes, someone is killed or injured by an 18-wheeler, which is why you need an 18-wheeler accident lawyer who understands the devastating impact these massive trucks have on victims’ lives. With over 90,000 people injured annually by 18-wheelers and a staggering 5,078 deaths in 2023 alone, these deadly accidents continue to rise while the trucking industry lobbies for fewer safety regulations.
Don’t face the powerful trucking companies alone. Call Munley Law today for a FREE case review with one of the nation’s top-rated truck accident attorneys. Our elite legal team has a proven track record of winning millions for truck accident victims just like you. We’ve spent years battling trucking companies and their insurance providers, securing the maximum compensation our clients deserve. With Munley Law, you pay NOTHING unless we win your case. Our experienced 18-wheeler accident lawyers have the resources, knowledge, and aggressive approach needed to hold negligent trucking companies accountable. […]
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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 an Uber or 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 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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