Xcel Energy will pay $640M to settle claims from Denver-area wildfire that burned 1,000 structures

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Xcel Energy will pay $640M to settle claims from Denver-area wildfire that burned 1,000 structures
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DENVER (AP) — Xcel Energy said Wednesday it expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado’s most

FILE - A fire burns in a home destroyed by the Marshall Wildfire in Louisville, Colo., Dec. 31, 2021. DENVER — Xcel Energy said Wednesday it expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado’s most destructive wildfire that killed two people and destroyed nearly 1,000 homes in 2021.

The announcement came right before jury selection was set to begin in a trial combining lawsuits brought by homeowners and insurers over the fire in the heavily populated suburbs between Denver and Boulder. Minneapolis-based Xcel has maintained that its equipment did not cause or contribute to the fire. It said it does not admit any fault under the settlement. Investigators found that a sparking power line owned by Xcel was one of the causes of the fire that was fanned by high winds. Embers from a smoldering scrap wood fire set days before on a nearby property used by a Christian religious communal group was also found to have been another causeDENVER — Xcel Energy said Wednesday it expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado’s most destructive wildfire that killed two people and destroyed nearly 1,000 homes in 2021. The announcement came right before jury selection was set to begin in a trial combining lawsuits brought Deputy Attorney General Todd Blanche has ordered a senior U.S. Justice Department official to drop an inquiry into a retired FBI agent’s involvement in a defamation lawsuit involving Alex Jones’ conspiracy theories about the Sandy Hook Elementary School shooting, according to a person familiar with the matter. Ed Martin Jr., who leads the Justice Department’s DENVER — A jury has awarded $205 million to the parents of a 6-year-old girl who fell to her death at a Colorado amusement park after she wasn’t strapped in to a ride. The verdict was reached Friday in Glenwood Springs, where Wongel Estifanos fell about 100 feet to her death on The reaction over Charlie Kirk’s assassination touched yet another constituency this week: the collection of world leaders gathered at the United Nations. Two weeks after Kirk was shot and killed in Utah, several of the world leaders gathered at for the U.N. General Assembly this week referenced the conservative activist’s slaying — and some of SYRACUSE, N.Y. — Two students at Syracuse University in New York face hate crimes charges after authorities say one of them tossed a bag of pork into Jewish fraternity house during a Rosh Hashanah celebration. Allen Groves, the chief student experience officer at Syracuse University, said the incident occurred around 6 p.m. Tuesday at UNITED NATIONS — As Earth keeps heating up and its weather gets more extreme, more than 100 world leaders lined up Wednesday to talk of increased urgency and the need for stronger efforts to curb the spewing of heat-trapping gases. But few large concrete national plans — especially from major polluters China, Europe and Medicare open enrollment runs from Oct. 15 to Dec. 7, giving beneficiaries a crucial opportunity to review and change their plans.If you’ve been thinking about upgrading your heating, air conditioning, or heat pump system, 2025 is the year to act.Prostate cancer is a very serious disease, but most men diagnosed with prostate cancer do not die from it. Many treatment options are available, especially in Seattle.In 7 Steps to a Successful Retirement, CPA and advisor Brian Evans lays out a clear, principle-driven roadmap to help individuals transition from working years to a comfortable retirement.Estate planning gains momentum as more Americans seek clarity and control As life grows more unpredictable, estate planning is emerging as a critical tool for individuals and families to protect their interests and ensure their wishes are honored.

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