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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Doylestown Personal Injury Lawyer
When you’re dealing with mounting medical bills, missed work, and the physical pain of recovery, you need experienced legal guidance to protect your interests. A Doylestown personal injury lawyer from Munley Law can help you get back on your feet after a serious accident changes your life. Our attorneys understand the challenges that injury victims face in Bucks County — from complex insurance claims to securing proper medical care. We work tirelessly to hold negligent parties accountable and pursue the full compensation you need to move forward.
Whether you were hurt in a car crash, workplace accident, or due to someone else’s carelessness, our team has the skills and resources to handle your case effectively. Don’t wait to get the legal help you deserve. Contact Munley Law today for a free consultation with our Doylestown personal injury attorneys.
Your Rights After a Personal Injury in Doylestown
After an injury in Doylestown, […]
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Can I Change Lawyers in the Middle of a Personal Injury Case?
In a personal injury claim, having the right attorney by your side is of the utmost importance. However, there are cases when clients feel their current lawyer isn’t providing the necessary representation. What happens then?
Even though you may feel stuck, the truth is, you have options. Whether you’re experiencing communication issues, questioning your attorney’s strategy, or simply feel your case isn’t receiving proper attention, understanding your rights and the process for changing legal representation can make a significant difference in the outcome of your personal injury case.
We will walk you through everything you need to know about switching attorneys mid case and helping you make an informed decision that protects your legal rights and potential recovery. If you have any more questions, call the personal injury lawyers at Munley Law. We offer a free consultation to new clients. We’ll discuss your case and lay out your legal options. […]
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Cranberry Township Workers’ Compensation Lawyer
Injured at work in Cranberry Township? Know your rights and the compensation you’re entitled to. The Cranberry Township personal injury team at Munley Law helps clients secure medical care and wage-loss benefits after workplace accidents.
For 65 years, we’ve handled cases from back injuries to catastrophic accidents across Butler County’s manufacturing plants, warehouses, construction sites, and other hazardous worksites.
Pennsylvania law entitles you to benefits covering medical bills and lost wages during recovery. Insurance companies often deny valid claims or terminate benefits prematurely. Our attorneys understand insurers’ tactics to minimize claims and counter with strong evidence and medical documentation to protect your rights.
We’ve secured millions in benefits for injured workers throughout Western Pennsylvania. Contact Munley Law today for a free consultation with our Cranberry Township personal injury lawyers.
How Our Cranberry Township Workers’ Compensation Attorneys Fight for You
Getting workers’ […]
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Schuylkill County, PA – Truck Driver Hit After Leaving Truck on I-81
SCHUYLKILL COUNTY, PA (March 12, 2025) – A truck driver who had gotten out of his vehicle on Interstate 81 was hit by another vehicle in Schuylkill County on Monday.
According to the Pennsylvania State Police, the man was driving a 1994 Freightliner south when he was rear-ended near the Mahanoy Township exit of I-81 around 6 a.m. on March 10.
The truck driver had gotten out of his vehicle and was standing in the middle of the southbound lanes when he was hit by another vehicle.
Both the truck driver and the driver of the vehicle that hit him were taken to the hospital with serious injuries.
Police are investigating the accident.
Staying Safe At An Accident Scene in Schuylkill County
Many secondary accidents occur when drivers exit their vehicles on busy roadways, particularly in Schuylkill County, […]
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Lancaster County, PA – Vehicle Crashes into Horse and Buggy
LANCASTER COUNTY, PA (March 12, 2025) —— A driver collided with a horse-drawn buggy on Sunday, March 10.
According to local media, Northern Lancaster County Regional Police Department officers were dispatched to West Orange Street and Pfautz Avenue in Warwick Township around 6:45 p.m.
Police found a buggy flipped on its side, after being struck from behind by a 2012 Subaru WRX. The horse was not injured.
The driver of the Subaru was arrested for suspicion of DUI and taken into custody. He was reportedly speeding while under the influence of drugs or alcohol, according to a preliminary investigation conducted by local police. He sustained minor injuries that were treated on the scene.
The buggy was occupied by a man and a woman. Police transported the woman to the hospital for care. She was later discharged.
Both the buggy and car were towed from the scene. […]
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