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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7 Ways to Fast-Track Your Sandy Insurance Claim
Claim your insurance protection for damage done by Hurricane Sandy
In the wake of Hurricane Sandy, thousands of Pennsylvanians are filing insurance claims under homeowners, auto, health and even life insurance policies.
Many will face long waits and daunting paperwork.
Some insurance slowdowns are inevitable following a disaster of Sandy’s proportions. Damage estimates range from $7 billion to $50 billion, according to the Wall Street Journal.
But by taking a few simple steps Pennsylvania residents can improve the odds of their claims getting fast-tracked for approval:
- Do your homework. Take pictures or video of the damage. Before-and-after photographs, purchase records and contractor estimates for repairs are especially valuable.
- Hurry up and file your claim. “Experts say that many homeowners hesitate because they aren’t really sure if they have enough damage to merit a claim—or at least a claim that is more than the value of the policy’s deductible,” the Wall Street Journal reported. […]
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Sandy Death Toll in PA Reaches 12
At least 12 people in Pennsylvania have died as a result of Superstorm Sandy, while two other deaths have been unofficially linked to the storm.
The variety of causes – falls, fires, poisoning, even suicide – is a stark reminder that tragedy can strike in different ways.
Following are summaries from the Philadelphia Inquirer of the fatalities:
- Four people died, including a 90-year-old woman in Upper Merion Township, from carbon-monoxide poisoning from portable generators.
- An eight-year-old child died when a tree limb struck him outside his family home.
- A Berks County man was killed when a tree crashed onto his house.
- Two Lehigh County residents died from exposure to the cold.
- Two people were killed in vehicle accidents related to the storm.
- An 88-year-old Wayne County woman fractured her neck and died when she fell down the stairs in her home, […]
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Pennsylvania State Trooper Dies in Accident
State Police Commissioner Frank Noonan announced the tragic death of 47-year-old Trooper First Class Blake T. Coble of Troop D, Beaver Station after he was killed in an automobile wreck last Thursday. Coble was on duty Oct. 4 when he was struck by a semi at 10 a.m. at Black Hawk Road near Route 168 in South Beaver Township.
According to news reports, Coble’s patrol car was struck by the tractor-trailer when the truck driver went through a stop sign at the intersection. No charges have been filed against the driver of the truck, who has been cooperating with investigators, state police said.
In a press release announcing Coble’s death, Noonan said:
“He [Coble] died serving the people of the Commonwealth of Pennsylvania and the men and women of the Pennsylvania State Police mourn his loss and extend our sincere condolences to his family and friends. […]
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New Jersey Bus Driver Arrested after Causing Death of Passenger
The driver of a New Jersey Transit bus has been charged with vehicular homicide in the death of a passenger at an intersection in Passaic last month. The collision occurred after the man exited the bus and tried to cross in front of it as the driver accelerated through the intersection, according to a news report. Documents filed in the case allege that the bus driver ran a red light, hit the passenger and refused to stop despite that fact that passengers were yelling for her to stop. The driver has been a New Jersey Transit driver for 25 years.
Bus Accidents Are Common
Bus accidents are far more common than most people realize. According to the Federal Motor Carrier Safety Administration, there were more than 11,000 bus accidents across the country in 2008, injuring about 24,000 people. For those who depend on buses for transportation, […]
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Pennsylvania Motorists and Bicyclists Reminded to Share the Road
Pennsylvania’s bike safety law was passed in April in an effort to reduce injuries and save lives of Pennsylvania bicyclists. With colleges and universities back in session throughout the state, many students take to the road on their bikes to get to and from classes. In an effort to raise awareness of the public, and college students alike, the University of Pennsylvania and the Philadelphia police are teaming up to kick off the annual Share the Road bicycle safety campaign.
The campaign will kick off tomorrow at 11 a.m. in front of the Penn Bookstore. The event features members of the Bicycle Coalition of Greater Philadelphia, PennCycle, Neighborhood Bike Works, Keswick Cycle, the Undergraduate Assembly, the Graduate and Professional Student Assembly and Penn’s Medical Emergency Response Team who will be on site to answer questions about bike safety.
“This safety campaign gives us an opportunity to collaborate with important stakeholders such as the City of Philadelphia Streets Department and bicycle advocate groups to get safety information out to bicyclists, […]
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