About 600 victims of a flood caused by the failure of a century-old irrigation canal in Fernley, Nevada, in 2008 have received their share of a $10 million settlement.
The settlement funds distributed last month stemmed from class-action lawsuits against the city of Fernley, Lyon County and the Truckee-Carson Irrigation District board.
Under the settlement, Fernley paid $5 million and Lyon County $1.3 million, while insurance companies paid $3.8 million on behalf of seven irrigation district board members, the Reno Gazette-Journal reported.
The Jan. 5, 2008 breach of the earthen Truckee Canal sent a wall of water into Fernley, located about 30 miles east of Reno, and inundated homes. The plaintiffs allege the flood was caused by inadequate maintenance and operation of the canal.
Attorney Robert Maddox, who represents the plaintiffs, said $6 million was divided among flood victims, an estimated $3.3 million went to attorney’s fees, and $700,000 covered expert witness fees and other costs.
He said he “felt like Santa Claus” because checks were given to the flood victims on Dec. 23.
Was this article valuable?
Here are more articles you may enjoy.
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings 
Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms 
US Airlines Cut Flights Again as Another Winter Storm Looms 
China Bans Hidden Car Door Handles in World-First Safety Policy 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.