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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UNION COUNTY — 10-Year-Old Dies in Pennsylvania ATV Accident
WEST BUFFALO TOWNSHIP, PA (March 25, 2025) — A 10-year-old girl driving an all-terrain vehicle (ATV) was killed in a wreck on Saturday, March 23.
The girl was reportedly driving along Red Bank Road near Mifflinburg around 2:30 P.M. when the wreck occurred.
Emergency responders acted to save her, before she succumbed to the injuries. Mifflinburg and Reliance Ambulance, William Cameron Ambulance, Geisinger Life Flight, and the Montour County Coroner all assisted.
Authorities have not released further details.
Single-Vehicle Accidents, Fatal Auto Accidents & ATV Crashes in Pennsylvania
Fatal crashes can be psychologically and physically traumatic for the loved ones and survivors of these crashes. The aftermath of a single-vehicle accident extends far beyond property damage. Victims often face:
- Life-altering traumatic injuries requiring extensive rehabilitation
- Psychological trauma, including PTSD and anxiety about driving
- Financial burdens from medical expenses and lost income
- Long-term disability requiring lifestyle adjustments
ATV accidents often include multiple liability parties, […]
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Stroudsburg Personal Injury Lawyer
The Stroudsburg personal injury lawyers at Munley Law have spent the last six decades building a national reputation as leaders in personal injury law. Our attorneys have earned the highest possible client and peer review ratings and have received national recognition for our settlements and verdicts. If you’ve been injured or lost a loved one due to negligence in the Stroudsburg area, you need an experienced, aggressive representation by your side to help you with any legal matters that arise.
From trucking accidents on I-80 to workplace injuries in downtown Stroudsburg, we understand the daily challenges that accident victims face. If you’ve been injured or lost a loved one due to negligence in the Stroudsburg area, you need experienced, aggressive representation by your side.
Contact Munley Law today for a free consultation with a Stroudsburg personal injury lawyer. There is no fee unless we win your case. […]
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ERIE, PA — At Least One Injured in Multi-Car & Truck Accident
ERIE COUNTY (March 24, 2025) —— Two cars and a tractor-trailer crashed in Erie, Pennsylvania on Monday, March 24.
One of the car drivers was transported to the hospital from the scene, after suffering leg injuries in the crash. At this time there are no reports on the status of the truck driver.
The crash occurred at the West 26th and Rudolph Ave intersection near I-87 at approximately 8 A.M.
Police continue to investigate.
Multi-Vehicle Accidents With Trucks in Pennsylvania
Truck accidents involving multiple vehicles have become an increasing concern for Philadelphia residents and commuters alike. These complex collisions, often occurring on major arteries like I-95, I-76, and the Schuylkill Expressway, can lead to catastrophic consequences, including severe injuries, fatalities, and extensive property damage. Unlike in simple two-car collisions, determining fault in multi-vehicle accidents with a truck often involves difficult investigations. […]
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Chester Product Liability Lawyer
Chester product liability lawyers work with individuals harmed by defective or unreasonably dangerous products, helping them seek compensation for their injuries and losses. At Munley Law, our experienced defective product attorneys understand the complex nature of these cases and their significant impact on victims and their families. When manufacturers, distributors, or retailers put unsafe products into the marketplace, they must be held responsible for the harm these items cause. Our attorneys have a proven track record of successfully representing injured clients against large corporations and insurance companies, securing the compensation they deserve for medical expenses, lost wages, and other damages.
If you or a loved one has been injured by a defective product in Chester, Pennsylvania, contact Munley Law today for a free consultation. Our dedicated Chester personal injury law team is ready to review your case and help you understand your legal options.
Product Liability Law in Chester, […]
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Chester Motorcycle Accident Lawyer
If you’ve been injured in a motorcycle accident in Chester, Pennsylvania, an experienced Chester motorcycle accident lawyer from Munley Law can help you navigate your legal options. Our firm understands Pennsylvania state laws and the unique challenges motorcycle riders face following an accident.
Since 1959, Munley Law has provided exceptional legal representation to motorcycle accident victims throughout Chester and Delaware County. We represent motorcyclists injured due to other drivers’ negligence, unsafe road conditions, or defective equipment.
Our team has helped hundreds of injured riders secure compensation for medical costs, lost wages, property damage, and suffering. Understanding that motorcycle accidents cause severe injuries requiring extensive treatment and time off work, we combat insurance companies that try to minimize payouts to motorcyclists. We build strong cases by working with investigators, medical experts, and insurance specialists. Call Munley Law for a free 24/7 consultation with our Chester personal injury attorneys—you pay nothing unless we win. […]
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