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
Are Electric Vehicles Safe in an Auto Accident?
Yes, electric vehicles are generally as safe as conventional vehicles in accidents. Research shows EVs have comparable overall safety records, and many models earn top safety ratings. However, they present different safety characteristics that drivers should understand.
Electric vehicles offer promising environmental benefits and innovative technology while presenting unique safety factors that every driver should know about. As EVs become increasingly common on our roads, knowing their specific characteristics could make a critical difference if you’re involved in a car accident.
The Growing Popularity of Electric Vehicles
The shift toward electric transportation is happening at an impressive pace. In 2023, the U.S. registered 1.4 million EVs—a 40% increase from the previous year. China is projected to manufacture approximately three million EVs by 2024, while the Environmental Protection Agency estimates that by 2032, half of all new passenger vehicles sold will be electric. […]
More information about Insurance
YORK COUNTY — Man Killed in Car Accident with Tractor-Trailer
PARADISE TOWNSHIP (March 21, 2025) —— A man died after a head-on collision with a tractor-trailer in York County on Thursday, March 20.
The driver was reportedly driving westbound but drifted across the lane divider into the eastbound lane. He then crashed into a truck at the intersection of Lake Road in Paradise Township. The crash occurred around 12:50 a.m., according to the York Coroner’s Office.
At this time there are no reports on the status of the truck driver.
All roads have reopened. Pennsylvania State police continue to investigate.
Fatal Car Accidents with Tractor-Trailers in Pennsylvania
Navigating the aftermath of a fatal car accident requires specialized legal knowledge. Insurance companies often attempt to minimize payouts, even in tragic circumstances. Truck accidents often involve multiple potentially liable parties, including the truck driver, trucking company, cargo loaders, […]
Read MoreMore information about Insurance
What You Should Know About Vehicle Fires Following a Car Accident
The moments after a car accident are chaotic and disorienting. Among the many hazards that might follow a collision, vehicle fires represent one of the most dangerous and rapidly escalating threats. Each year, thousands of Americans experience vehicle fires after crashes, with these incidents accounting for approximately one-fifth of all highway vehicle fires.
When a vehicle catches fire after a collision, occupants face not only the initial trauma of the car crash but also the immediate threat of toxic smoke inhalation, severe burns, and potentially fatal entrapment. Having just seconds to react, understanding the warning signs, and proper evacuation procedures can mean the difference between life and death.
Whether you’re a daily commuter, occasional driver, or passenger, knowing how vehicle fires start, spread, and can be prevented is essential knowledge that could save your life or the lives of others. If you were in a car accident and were severely injured by a car fire, […]
Read MoreMore information about Insurance
Aviation Accident Lawyers
When an aviation accident occurs, the aftermath can overwhelm victims and their families. If you or a loved one has been affected by an aviation incident, consulting with an aviation accident lawyer can make a difference in the outcome of your case and your ability to focus on recovery during a difficult time.
The aviation accident lawyers at Munley Law understand the unique challenges presented by aviation cases, from determining liability among multiple potential parties to navigating the specialized evidence needed to build a strong claim. We work with accident investigators, aviation experts, and medical specialists to establish causation and document the full extent of damages. Our expertise becomes particularly valuable when dealing with commercial airlines, aircraft manufacturers, maintenance providers, or air traffic control entities.
At Munley Law, we work with victims and their families who have suffered tremendously after a plane or helicopter accident. We’ll take on the commercial airlines, […]
Read MoreMore information about Insurance
Frequent Asked Questions About Car Accidents
The car accident lawyers at Munley Law understand that legal matters can be complex and sometimes overwhelming following a car crash. You may find that you have more questions than you do answers. So, we’ve created this resource to provide clear, straightforward information about what to expect after a car accident and how our auto accident attorney can help.
Contact Munley Law now to schedule a free consultation if you were involved in a car accident.
Q: If I’ve Been in a Car Accident, do I Need a Lawyer?
A: It depends. If you did not suffer any injuries in the accident, you may settle your insurance claim without legal help. However, the claim becomes more complicated if you or someone you know were injured in the accident. As the injured victim, you can seek compensation from the at-fault party for your medical costs, […]
