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.

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
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Little Valley Fire settlement is $25 million, State of Nevada to pay $10
million
by Ben Margiott
Monday, June 10th 2019 AA
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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.
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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
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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
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