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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Susquehanna Twp., PA – Police Car Involved in Fatal Crash on Route 22
Susquehanna Township, PA (February 10, 2025) – A Susquehanna Township police car was involved in a fatal multi-vehicle accident on US Route 22 westbound near Harrisburg on February 8.
According to news reports, the crash occurred around 12:30 p.m. on US Route 22 between 39th and Park Streets in Susquehanna Township.The crash involved a Susquehanna Township police, a sedan, a pickup, and another vehicle. One person was killed in the collision.
It is unclear what caused the accident or if anyone else was injured.
Multi-Vehicle Accident in Pennsylvania
After a multi-vehicle accident in Dauphin County, victims can seek compensation to cover their medical bills, lost income, vehicle repairs, and pain and suffering. Pennsylvania’s modified comparative negligence system allows recovery of damages even when a victim bears partial responsibility, provided their fault doesn’t exceed 50%. […]
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Wilkes-Barre Personal Injury Lawyer
Since 1959, the Wilkes-Barre personal injury lawyers at Munley Law have dominated courtrooms across Luzerne County, earning a reputation that insurance companies fear. When catastrophic injuries shatter lives – whether from a devastating truck crash on I-81, a workplace accident in one of our industrial parks, or a preventable tragedy that took your loved one – you need an experienced team of trial lawyers who’ve recovered millions for families like yours.
Our Wilkes-Barre injury attorneys don’t just file paperwork and hope for settlements. We investigate aggressively, fight relentlessly, and consistently force insurance companies to pay what your case is truly worth. While other firms hand your case to junior associates, our senior partners handle your fight from start to finish. The results? Over six decades of record-breaking verdicts and life-changing settlements for our neighbors in Northeastern Pennsylvania.
Your suffering deserves justice, your bills must be paid, […]
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Personal Injury Case Studies
From catastrophic trucking injuries to wrongful death claims, our personal injury attorneys have secured landmark victories across Pennsylvania.
But to us, these cases aren’t just numbers. Each represents a family we helped rebuild after tragedy. We’ve won for clients against giant trucking companies, major hospitals, and insurance giants because we work as a team and commit the resources needed to win the toughest cases.
Our approach has delivered over $1 billion in recoveries. When you need serious representation, you need accident attorneys with serious results. Contact Munley Law to schedule a free consultation.
$32.25 Million
Settlement for a deadly aviation accident.
$26 Million
Settlement for a truck accident.
$20 Million
Settlment for a reckless driving accident case.
$17.5 Million
Jury verdict in teens’ death caused by car accident.
$12 Million
For a bad faith insurance action. […]
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Valley Township, PA – Woman Dies Following Truck Accident on I-80
Montour County, PA (February 7, 2025) – A woman has died following a car accident in Montour County on February 6.
According to the Pennsylvania State Police, the driver was traveling on I-80 West in Valley Township just before 8 a.m. when she lost control of her pickup truck. She left the roadway, crossed the median, and entered the eastbound lanes before colliding with a tractor-trailer. She was ejected from the vehicle on impact and was pronounced dead on the scene. The truck driver was uninjured.
Police are investigating what caused her to leave the roadway.
Fatal Car Accidents In Montour County
Every year, Pennsylvania sees hundreds of lives lost to auto accidents. While recent data shows improvement – with around 1,130 fatalities marking one of the lowest rates since record-keeping began – each loss remains a tragedy that demands justice. […]
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Scranton Personal Injury Lawyer
For generations of hardworking families in Scranton, one name has stood above the rest when they need a Scranton personal injury lawyer – Munley Law. Our roots run deep in the Electric City, fighting for injured workers from the days of coal mines to today’s warehouses and trucking terminals. When catastrophic accidents on I-81, I-84, or the Northeast Extension devastate families, or when workplace injuries at our industrial parks threaten your livelihood, you need more than just legal representation – you need Scranton’s fiercest advocates.
Our Scranton accident lawyers have built a reputation that makes insurance companies nervous the moment they see our name on a case. Inside every courtroom and negotiation room across Lackawanna County, we’re known for one thing: refusing to back down until our clients receive every dollar they deserve. While other firms rush to settle, we prepare every case as if it’s going to trial, […]
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