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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A Pennsylvania Injury Lawyer tells you what you should do right after a car accident
Pennsylvania Injury Lawyer: After you get into an accident, there are things that you can choose to DO and NOT DO right afterward that may affect your injury claim against the other driver’s insurance company.
A Pennsylvania Injury Lawyer will advise doing the following right after the accident takes place:
- Stay inside your vehicle unless it’s too dangerous to do so
- Turn on your hazard lights
- Call 911 even if the accident didn’t seem too bad
- Seek medical help for anyone involved in the accident if needed
- Don’t move any vehicles or alter the scene unless you have to
- Don’t leave the scene
- Write down the names, addresses and phone numbers of everybody involved in the accident, including witnesses
- Write down the names/badge numbers of police officers who come to investigate
- Take pictures of injures and damage
- DON’T admit fault
- Call your insurance company right away and let them know what happened
- DON’T talk about the accident with anyone except the police and your own insurance company. […]
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How Much Will You Have to Pay an Injury Lawyer to Help Win Your Car Accident Case?
How much may you have to pay a Pennsylvania Injury Lawyer to help you?
Here’s something that may make you feel better if you’re fretting about getting a Pennsylvania Injury Lawyer involved in your case: Pennsylvania Injury Lawyers work on a contingency fee basis; this means that they don’t make any money unless they win your case. So you don’t have to worry at all about paying them out of pocket.
Another reason you shouldn’t worry about talking to a Pennsylvania Injury Lawyer:
You can call a Pennsylvania Injury Lawyer at Munley Law Personal Injury Attorneys anytime, or come into our office and talk to us – all for free. We know you have questions, and we can answer as many as you’d like. We don’t bill by the hour, we’re not out to take money from you; as injury lawyers in Pennsylvania, […]
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Robert W. Munley, 1930-2019
Robert W. Munley, Munley Law Personal Injury Attorneys’s founder, was a Pennsylvania legal legend and personal injury law pioneer. He achieved record-setting verdicts and settlements on behalf of his clients in Pennsylvania and nationwide. He founded Munley Law Personal Injury Attorneys in 1959.
A Legal Pioneer
A United States Army veteran of the Korean War, Robert W. Munley graduated from the University of Scranton and Temple University School of Law, where he was a member of the Temple Law Review.
Bob, as he was known to his friends, family, and the legal community, was admitted to the Pennsylvania Bar in 1959. He served as an assistant district attorney in Lackawanna County for 10 years, during which time he prosecuted hundreds of cases.
In 1970, he embarked on full-time private practice with his brother, the late Senior U.S. District Judge James M. Munley, […]
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Allstate’s $950,000 Blunder
Allstate required to pay out nearly a million dollars after delaying insurance coverage of fatal car crash
Attorney Daniel W. Munley, a partner in the law firm of Munley Law Personal Injury Attorneys, negotiated a $950,000.00 settlement on behalf of the family of a teenager killed in an automobile crash in 2001.
The defendant, who received his driver’s license just weeks before, was driving his mother’s Camaro at an excessive speed when he crossed double yellow lines to pass another vehicle and lost control of his automobile. The plaintiff‘s son was thrown from the vehicle and suffered a fatal wound.
The defendant’s insurance company, Allstate, failed to pay its obvious driver’s liability and delayed the case for a number of years. Attorney Munley offered Allstate numerous opportunities to act in good faith, […]
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Car Runs Into House in Lancaster County
Driver falls asleep at the wheel and crashes into home
Not all car crashes in Pennsylvania involve one motor vehicle colliding with another. Some wrecks are the result of rollovers and other single-vehicle accidents. Other times, automobiles crash into fixed objects – like a house.
A case in point happened February 16 in Lancaster County, when a passenger car smashed through the wall of a private home in East Earl Township. A resident inside was knocked from the couch where he had been sleeping. He suffered minor injuries.
The accident occurred in the early morning hours. The driver apparently fell asleep at the wheel, and police are investigating whether alcohol was a contributing factor.
There were 121,312 traffic crashes in Pennsylvania in 2010, according to reports filed with the state Department of Transportation. These wrecks claimed the lives of 1,324 people and injured another 87,949 people. […]
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