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.
More information about Loss
Bethlehem Wrongful Death Lawyer
A Bethlehem wrongful death lawyer can help families seek compensation when negligence leads to the death of a loved one. At Munley Law Personal Injury Attorneys, our legal team combines over 60 years of experience with a proven track record of successful verdicts and settlements in the Lehigh Valley. We handle all aspects of wrongful death claims – from investigating the circumstances and determining liability to negotiating with insurance companies and proceeding to trial when necessary. While we aggressively pursue maximum compensation, we also provide compassionate guidance to help your family through this difficult process.
Contact us for a free consultation to discuss your wrongful death claim and learn how we can help protect your family’s future.
What is a Wrongful Death Lawsuit?
A wrongful death lawsuit is a type of action brought by the survivors or estate of a deceased person against the party or parties responsible for that person’s death. […]
Read MoreMore information about Loss
Pittsburgh Truck Accident Lawyer
When an 80,000-pound commercial truck crashes into your car on Pittsburgh’s busy highways, your life can change in seconds. At Munley Law, we’ve guided hundreds of truck accident victims in Allegheny County through the aftermath of these devastating crashes since 1959, securing multi-million dollar verdicts against negligent trucking companies. Our Pittsburgh truck accident lawyers aren’t just personal injury attorneys – we’re recognized national leaders in truck litigation. We’ve fought and won cases against every major trucking company in America, served on the boards of national trucking safety organizations, and helped shape the laws that protect Pennsylvania drivers from dangerous trucking practices.
While other law firms occasionally handle truck accidents, it’s our specialty. We understand the complex federal regulations governing the trucking industry, know how to prevent evidence spoliation within the critical 72-hour window after a crash and have a nationwide network of accident reconstructionists and industry experts ready to investigate your case. […]
Read MoreMore information about Loss
Two Pedestrians Killed After Being Hit By Vehicle in Montgomery County, PA
Two pedestrians were killed, and one was injured after being hit by a vehicle in Montgomery County on December 31.
According to news reports, the accident occurred near the intersection of Butler Pike and Skippack Pike in Whitpain Township around 6:30 p.m. The three women were taken to Abington Hospital in Horsham. Two of the pedestrians had died while the third was being treated for injuries.
Police say the driver remained at the scene of the accident. The crash is currently under investigation.
Fatal Pedestrian Accidents in Philadelphia
Philadelphia’s urban landscape presents significant risks for pedestrians. According to the Pennsylvania Department of Transportation, pedestrian-related accidents represent almost 3 percent of the total reported traffic crashes in the Commonwealth but account for more than 15 percent of all traffic crash fatalities. In 2023, there were 56 pedestrian fatalities in Philadelphia, […]
Read MoreMore information about Loss
Chemical Plant Explosion Lawyer
Chemical plant explosions can cause catastrophic damage to victims and their families. Whether the explosion was caused by human error, safety violations, or equipment failure, the results are the same – serious and even fatal injuries, leaving families with emotional, physical, and financial challenges.
If you have been injured or a loved one was tragically killed in a chemical plant fire or explosion, Munley Law chemical plant explosion lawyers can help identify your legal options and fight for maximum compensation.
Immediate Steps After a Chemical Plant Explosion
Life in the aftermath of a chemical plant explosion can be chaos as you deal with traumatic physical and mental injuries. It can be hard while you are still reeling from the experience to think clearly, but protecting yourself legally and financially requires a few steps.
Seek Medical Attention
The most important thing is to get medical treatment. […]
Read MoreMore information about Loss
What Are the Tire Requirements for Commercial Trucks?
Truck tires play a vital role in a commercial vehicle’s safety, directly impacting braking, steering, and driving performance. However, over time, tires can wear down and become hazardous, putting everyone on the road at risk. Commercial truck drivers and owners must comply with strict tire regulations to ensure safety. If you’ve been involved in a truck accident where tire failure was a factor, it’s essential to understand how tire maintenance and safety standards may have been violated.
Federal Commercial Truck Tire Safety Standards
Federal Commercial Truck Tire Safety Standards are in place to prevent accidents caused by tire failures. These regulations include minimum tread depth requirements to ensure proper traction, tire pressure monitoring rules to avoid under-inflation, and specific regulations for steer axle tires to provide stability.
Additionally, retread tires must meet strict safety guidelines to reduce the risk of blowouts. […]
Read More