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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Common Types of Heavy Machinery Accidents
Workplace accidents involving heavy equipment can be life-altering. Beyond the immediate trauma and pain, you may be facing mounting medical bills, lost income, and challenges in your daily life. If you’ve been injured in such an accident, you should know that you have options for financial recovery.
You can pursue coverage for your medical expenses and lost wages through workers’ compensation. In some cases, you may also be eligible to file a claim against third parties whose negligence contributed to your accident, which could provide additional compensation for your pain and suffering. Let us help you understand your rights and explore all available paths to recovery.
Speak with a heavy equipment accident lawyer at Munley Law to learn more about your legal options. We’re prepared to fight for the full amount of compensation you deserve. Get started today by contacting us for a free consultation.
Understanding Heavy Machinery Accidents
The following are key points you should know about heavy equipment accidents:
- Accidents involving heavy equipment and machinery represent one of the top causes of workplace fatalities in the construction industry. […]
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Aspinwall, PA – Woman in Critical Condition After Being Hit by SUV
Aspinwall, PA (February 5, 2025) – An elderly woman was rushed to the hospital after she was hit by an SUV while crossing the street in Aspinwall, PA on February 5.
According to news reports, Allegheny County police responded to a call around 7 a.m. of a pedestrian accident in Aspinwall. Police say the woman was crossing Delafield Road towards St. Margaet Drive near UPMC St. Margaret’s Hospital when she was struck by an SUV making a left turn from Freeport Road.
The woman was taken to the hospital in critical condition. The driver stayed at the scene and is cooperating with the police.
Police are continue to investigate the accident.
Pedestrian Accidents in Allegheny County
According to the Pennsylvania Department of Transportation, pedestrian safety is an ongoing concern in Allegheny County. In the past three years, pedestrian fatalities have stayed steady in the county and is second only to Philadelphia in the number of deaths in the Commonwealth. […]
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PERSONAL INJURY LAWYERS WHO FIGHT FOR YOU
Don’t let insurance adjusters minimize your suffering or deny you fair compensation. Our record of multi-million dollar verdicts proves we know how to win, and we’re ready to put that experience to work for you. Contact our personal injury lawyers today for a free consultation and learn why many injured clients trust Munley Law to fight for their future.
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WE SERVE SCRANTON, ALLENTOWN, AND SURROUNDING AREAS. COMMON PERSONAL INJURY CLAIMS WE HANDLE
At Munley Law, we’ve built our reputation by consistently outmaneuvering insurance companies and winning substantial settlements for our clients. Here are a few examples of the personal injury case types we handle regularly:
- TRUCK ACCIDENTS
- CAR ACCIDENTS
- WORKERS’ COMPENSATION CLAIMS
- PREMISES LIABILITY
- PRODUCT LIABILITY
HOW WE CAN HELP YOU
We can work to make sure you recover all your damages. […]
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Lancaster County, PA – Car Crash With Injuries Closes Down PA 283
Lancaster County, PA (February 4, 2025) – Multiple injuries were reported following a car crash on Pennsylvania Highway 283 in Lancaster County on February 3.
According to news reports, emergency crews arrived at the scene on PA 283 eastbound near the Salunga exit around 6:40 a.m. The incident resulted in a complete closure of all lanes for over an hour.
Pennsylvania State Police are currently investigating the crash and have issued a request for any witnesses to contact them with information about the incident.
Understanding Car Accidents in Pennsylvania
Pennsylvania’s extensive highway system experiences significant daily traffic, including a substantial volume of commercial trucks. This heavy traffic flow, combined with multi-lane highways and busy interstates, creates conditions where serious accidents can occur.
Recent data shows Lancaster County is one of the top counties in Pennsylvania to report the most traffic accidents in the county. […]
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