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6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV
https://mynews4.com/news...
6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV
https://mynews4.com/news...
6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV
https://mynews4.com/news...
6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV
https://mynews4.com/news...
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Little Valley Fire Settlement is $25 Million

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News outlets in Washoe Valley Nevada report that the 105 property owners affected by the Little Valley Fire will receive part of a $25 Million settlement.

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Little Valley Fire Settlement is $25 Million

  1. 1. 6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV https://mynews4.com/news/local/little-valley-fire-settlement-details-released-state-of-nevada-to-pay-10-million 1/4 Little Valley Fire settlement is $25 million total, State of Nevada to pay $10 million WASHOE VALLEY, Nev. (News 4 & Fox 11) — The State of Nevada will pay $10 million to Little Valley Fire victims as part of a $25 million total settlement agreement expected to be approved ADVERTISEMENT Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million by Ben Margiott Monday, June 10th 2019 AA 89° 95° 91° SearchSite
  2. 2. 6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV https://mynews4.com/news/local/little-valley-fire-settlement-details-released-state-of-nevada-to-pay-10-million 2/4 by state o cials this week. Under the agreement, the 105 plainti s will receive $18 million and their insurance companies will receive $7 million for a total settlement amount of $25 million. Nevada's excess insurer will pay out $15 million, but the remaining $10 million will come directly from state co ers. The Nevada Board of Examiners is expected to formally approve the deal at a Thursday morning meeting in Carson City. The settlement represents the culmination of a two-year-long legal battle on behalf of 23 victims who lost their homes and others who lost property in the October 2016 blaze. "It's a fair resolution given the law and budgetary constraints of the state of Nevada," Matthew Sharp, attorney for the victims, said. Sharp said how the $18 million will be dispersed between the plainti s and how much money will go toward attorney's fees was con dential. The Little Valley Fire, the most destructive wild re in recent Northern Nevada memory, was determined to have been caused by an escape from a Nevada Division of Forestry prescribed burn. In August 2018, a jury found the NDF 'grossly negligent' for the blaze that burned about 2,300 acres in Washoe Valley, just south of Reno. According to documents on the Nevada Board of Examiners website, settlement demands reached a peak of $325 million at one point. Per the agreement, the State of Nevada is required to make the $10 million payment before July 1, 2019. Three million is expected to be paid from the state's tort fund, with the remaining $7 million coming from the statutory contingency account. 89° 95° 91° SearchSite
  3. 3. 6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV https://mynews4.com/news/local/little-valley-fire-settlement-details-released-state-of-nevada-to-pay-10-million 3/4 The Nevada Attorney General's o ce was not immediately available for comment, but the document indicates that "the settlement is in the best interest of the state." READ the details of the settlement below: Little Valley Fire settlement by Ben Margiott on Scribd  4 of 76 Show me more about this topic    MORE TO EXPLORE NHP releases name of woman who died in fatal crash on U.S. 395 near Parr Blvd. 89° 95° 91° SearchSite
  4. 4. 6/10/2019 Little Valley Fire settlement is $25 million, State of Nevada to pay $10 million | KRNV https://mynews4.com/news/local/little-valley-fire-settlement-details-released-state-of-nevada-to-pay-10-million 4/4    by Taboola Sponsored Links  Loading ... One person dead in two-vehicle crash on U.S. 50 Sheri identi es woman who died after taking photos at waterfall near Emerald Bay SPONSORED CONTENT BleacherBreaker Dr. Marty The Review Experts He Was A NBA Legend, Now He's Working 9 To 5 3 Warning Signs Your Dog Is Crying For Help Computer Users Say “Adios” To Viruses Thanks To This Simple Trick ADVERTISEMENT 89° 95° 91° SearchSite

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