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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Car Accident Round-Up: Students Killed in Wrong Way Crash
Woman slams head-on into vehicle after traveling seven miles in the oncoming lane in fatal car accident
Four Die in Wrong-Way Accident in Ohio
A 69-year-old woman traveled over seven miles the wrong direction on I-75 near Toledo, Ohio, before slamming head-on into a car carrying five college students. The woman and three of the college students died in the Friday morning accident. The two other college students were seriously injured. A caravan of four cars was carrying 16 Bowling Green State University students to the airport for a spring break vacation in the Dominican Republic. Police are investigating to determine why the woman was on the wrong side of the road.
Police Chase Leads to Fatal Car Crash in Pennsylvania
A driver and his passenger died early Monday morning when their car crashed into a wall in Wilkinsburg, PA after a police chase. […]
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Car Accident Round-Up: Fatal Nine-Car Accident in CA
Three dead, 10 injured in car accident caused by woman suspected of being drunk
Nine Car Accident Leaves Three Dead in CA DUI Accident
A nine-car crash in Monterey County, CA left three people dead and approximately 10 people injured, two seriously. According to police, the Wednesday evening accident occurred when a woman suspected of drunk driving reached for her cell phone and crossed the center line in her SUV, striking a Volkswagen head-on. Three occupants of the Volkswagen died and a fourth was seriously injured. After the two vehicles crashed, another seven cars were involved in a chain-reaction crash. The occupants of the Volkswagen and those in another car following them were returning from a funeral in King City. The pileup occurred on Highway 101 near King City, CA.
Man Dies Crossing Street at Busy Philadelphia Intersection
A 77-year-old man crossing the road at Henry Avenue and School House Lane in the East Falls section of Philadelphia was struck by a vehicle last week. […]
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Weekend Multi-Vehicle Accidents Shut Down PA Interstates
A rash of multi-vehicle accidents shut down portions of I-79 and I-80 Saturday leaving hundreds of motorists stranded for hours. The accidents were attributed to the winter weather and near white-out conditions. The Weather Channel reported there was a visibility of just one quarter-mile with heavy snow falling and winds gusting up to 35 miles per hour at the time of the accidents.
A 20-vehicle pileup on I-80 in Venango County, just east of the I-79/I-80 interchange near Franklin, PA, left three people dead and at least six people injured. The interstate was shut down for hours as police and rescue workers cleared the wreckage. At one point traffic was backed up for over 13 miles. School buses and rescue squad vehicles were used to bring nearly 75 stranded motorists to the Clintonville fire hall where they could eat and stay warm. That accident occurred around 3:45 p.m. […]
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Car Accident Round-Up: Policeman Dies in PA Car Chase
Suspect of previous hit-and-run arrested for suspected vehicular homicide in car accident
Pennsylvania Car Chase Leads to Policeman’s Death
According to the Pittsburgh Post-Gazette, police stopped a 35-year-old man suspected of an earlier hit-and-run accident in Granville, WV early Saturday morning. The man refused to get out of his car, and drove off leading police on a car chase into Pennsylvania. A WV police sergeant had pulled his SUV off the road on I-79 near the one-mile marker in PA and was ready to assist in stopping the vehicle when the suspect crashed into the SUV. The policeman was taken to the nearby hospital where he was later pronounced dead. The suspect was arrested on suspicion of homicide by vehicle while police await toxicology test results. Police believe the man was driving drunk and taking prescription anti-anxiety drugs.
Three U.S. Marines Die in CA Car Accident, […]
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Alcohol-Related Crash in PA Kills WV Policeman
Police officer killed by drunk driver in crash during car chase
A man fleeing police led them on a chase from West Virginia into Pennsylvania where the suspect slammed into a police cruiser, killing 41-year-old Monongalia County, WV Sgt. Michael Todd May. According to the Pittsburgh Post-Gazette, the suspect was arrested on suspicion of homicide by vehicle, and police are awaiting BAC test results. Police believe the man was driving drunk and taking prescription anti-anxiety drugs.
The Saturday morning accident occurred after police stopped a 35-year-old man suspected of an earlier hit-and-run accident. Instead of getting out of the car, the man drove off. May had pulled his SUV off the road on I-79 near the one-mile marker and was ready to assist in stopping the vehicle when the suspect crashed into him.
May leaves behind his parents and a younger brother. […]
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