What is a Loss?
A loss is the monetary value assigned to an injury or damage in a personal injury claim, including pain and suffering, past and future income, future medical care, at-home assistance, current medical bills, etc.
According to Black’s Law Dictionary, “loss” is defined as “the harm or damage resulting from an injury; the deprivation or detriment to an owner or possessor as a result of a judgment or voluntary transfer of property.” As such, loss is often a broad term in law, encompassing both tangible and intangible impacts as loss can come from a variety of forms of damages.
Legal principles governing loss aim to provide remedies, compensation, or restitution to individuals or entities adversely affected by wrongful acts, accidents, or adverse events. Loss can include economic loss, personal loss or property loss. The assessment of loss often involves evaluating evidence, calculating damages, and applying legal standards to determine liability and appropriate remedies in civil litigation or legal disputes. As a legal term, loss underscores the importance of addressing and mitigating the impacts of losses through legal recourse and equitable remedies in accordance with applicable laws and judicial principles.
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What is the Average Settlement for a Car Accident Case?
Understanding Car Accident Settlements
The average settlement for a car accident case depends on a variety of factors. From the total amount of property damage done, to the extent of the driver’s injuries, no two car accidents are the same, so no two settlements will be either.
Further, depending on the insurance you and the other driver carry, and your state’s laws on liability, the total compensation you can or will receive will vary.
The personal injury attorneys of Munley Law Personal Injury Attorneys explain how the average settlement for a car accident case is determined.
How Is The Average Settlement For a Car Accident Case Determined?
There are multiple factors that come into play when determining a car accident settlement. Below we will discuss the most critical factors to your personal injury case.
The Severity of Injuries Sustained
The severity of the injuries you sustain from a car accident will be the biggest factor in calculating the worth of your settlement. […]
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Workers’ Compensation for Core-Mark Warehouse Injuries
Core-Mark Warehouse Workers’ Compensation
Warehouse employees are essential to the supply chains that keep our society running smoothly. The fast pace of warehouse work, as well as the technical equipment, makes warehouse work particularly susceptible to workplace injuries. If you or a loved one has been injured while working at Core-Mark International’s Wilkes-Barre warehouse, you are entitled to workers’ compensation while you recover.
What is Workers’ Compensation?
Workers’ compensation is a type of insurance that nearly all Pennsylvania employers are required to carry for their employees. When an employee is injured during the course of work, he or she is able to file a compensation claim with his or her employer and receive payments to cover medical bills and lost wages for the duration of the recovery.
Workers’ compensation also protects the employer from having a personal injury suit brought against him or her. […]
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When Should I Settle My Workers’ Compensation Claim?
Understanding Workers’ Comp Settlements
Figuring out when to settle is probably the most important decision you’ll make during a workers compensation case, second only to the decision of how much to settle for. Often though, these questions are addressed in tandem, as negotiation between parties can result in multiple settlement offers. However, because each case is unique, there is no magic number or straightforward timeline for when and how much to settle for.
For advice personalized to your case, please reach out to us today for your free consultation. Our team at Munley Law Personal Injury Attorneys has over 60 years of experience with workers’ compensation cases, and have won a number of multi-million workers’ compensation settlements for our clients.
What is covered by workers’ compensation?
If you are a resident of Pennsylvania and were injured in a workplace accident, […]
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What is the Average Value for Workers’ Compensation Settlements?
Understanding Workers’ Compensation Settlements
The average value for a workers’ compensation settlement is $42,008. But for a few reasons, this is not a reliable ‘average’ value for a workers’ compensation settlement. Settlements can range from $2,000 up to $40,000, or even into the millions in rare cases. Because all injuries are different, the average payout is not the best gauge of how much you can expect to receive if you settle. For example, the medical expenses alone for an injury that requires surgical care will likely be much higher than injuries that do not require such corrective action. As such, there is no “one size fits all” settlement. In this article, we will walk you through the basics of workers compensation, the settlement and claims process, and finally break down settlements by injury type.
Please be advised that the information below is loosely general. […]
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Types of Injuries Covered by Workers’ Compensation
What Injuries are Covered under Workers’ Compensation?
Recovering from a workplace accident can be a particularly trying time in any professional’s life. Different from a regular accident, workplace accidents often involve heavy machinery, may be more serious, and come with a whole slew of legal ramifications. What’s more, as an employee, you must navigate your return to work, which can put strain on an already fractured relationship with your employer. If you or a loved one was harmed in a workplace accident, Munley Law Personal Injury Attorneys expresses its deepest sympathies.
From counseling hundreds of clients successfully through the workers’ compensation process, we can say that the best thing to do in the wake of a workplace accident is to try to remain calm. Focus on your recovery, and all of the other pieces will fall into place. For more information on what to do after an accident, […]
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