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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Mississippi Truck Accident Lawyer
If you were in a truck or tractor trailer accident in Mississippi, call Munley Law Personal Injury Attorneys for a free consultation
Mississippi leads the country in motor-vehicle deaths per capita with 26.27 accident-related deaths for every 100,000 residents, which is nearly double the national average and which makes Mississippi America’s deadliest state to operate a motor-vehicle according to the United States Centers for Disease Control and Prevention (CDC). Many of the hundreds of deadly accidents involve large commercial trucks, whose massive sizes, weights, and cargo loads amplify the damage, injuries, and deaths.
If you or a loved one suffered an accident involving a commercial semi-truck in Mississippi, contact an experienced truck accident lawyer at Munley Law Personal Injury Attorneys today. For over sixty years, our award-winning attorneys have been fighting to win big settlements for truck accident victims. We recently negotiated a $26 million settlement for our client who suffered serious injuries from a collision involving a tractor-trailer. […]
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Vermont Truck Accident Lawyer
Don’t Navigate the Aftermath of a Truck Accident Alone; An Experienced Vermont Truck Accident Attorney Can Help
There’s no way around it, being in an accident is scary and overwhelming for you and your loved ones. Even more so when that accident involved a large truck, like a semi or tractor-trailer. While we hope these accidents never happen, data shows that they do, and often. Since 2020, there have been over 1,059 semi-truck accidents in Vermont. Many resulting in serious injuries, and even death.
Following a destructive truck accident, you’ll have countless questions. You and your family should not have to hunt down answers on your own. Experienced Vermont semi-truck accident lawyers can work with you and your family to get you all the compensation you deserve.
I Was in a Vermont Truck Crash, Do I Have Legal Options?
Every crash is different, […]
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Maine Truck Accident Lawyer
Injured in a Truck Accident? Contact a Maine semi-truck accident lawyer at Munley Law today.
If you were injured in an accident with a commercial truck in Maine, a tractor-trailer accident attorney at Munley Law can help. Our nationwide truck accident lawyers are ready to get you the compensation you deserve. Schedule a free consultation today 
with the nation’s premier truck accident lawyers at Munley Law.
According to the Maine Department of Transportation, there were 9,625 truck crashes in Maine between 2017 and 2021. Nearly 20% of those truck accidents caused physical injuries, and nearly 1% were fatal.
Large trucks across the United States are involved in about 400,000 accidents annually. And many times crashes with tractor-trailers and other large commercial trucks cause severe injuries and serious property damage to smaller vehicles and their occupants. […]
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North Carolina Truck Accident Lawyers
If You Have Been Involved in a Truck Accident in North Carolina, Call Munley Law Personal Injury Attorneys Today
If you’ve been in a crash in North Carolina involving a large truck, the first thing you should do is to get any necessary medical care, even if your injuries seem minor. Next, call an injury lawyer with the experience and resources to take on a major transportation company. You need a truck accident lawyer who can intervene on your behalf and protect your rights.
Having an experienced, knowledgeable truck accident attorney on your side is the best way to ensure you will be properly compensated for your medical bills, long-term therapy, lost wages, pain and suffering, and other damages you’ve experienced due to the accident. Start by calling Munley Law Personal Injury Attorneys for a free, no-obligation consultation. We will review the details of your case at no charge, […]
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West Virginia Truck Accident Lawyers
Dealing with a truck accident in West Virginia can be an overwhelming experience. From dealing with insurance companies to managing medical bills, the challenges are numerous. In such trying times, hiring a West Virginia truck accident lawyer can be a game-changer for you.
Specializing in the complexities of truck accident law, our legal professionals offer invaluable expertise to ensure you receive the compensation you deserve. If you’ve been involved in a collision with a commercial truck, don’t underestimate the importance of securing legal representation that understands both state and federal regulations governing the trucking industry.
The Statistics on Truck Accidents in West Virginia
According to the Federal Motor Carrier Safety Administration (FMCSA), West Virginia witnessed over 1,500 truck-related accidents in the most recent year for which data is available. The National Highway Traffic Safety Administration (NHTSA) reports that approximately 15% of these incidents resulted in fatalities. […]
