PacifiCorp Reaches $150 Million Settlement for 2020 Wildfires

PacifiCorp, owned by Warren Buffett’s Berkshire Hathaway, settles for $150 million with 378 plaintiffs over 2020 wildfires in Oregon and northern California. Despite disbursing over $1 billion for 1,600 claims, PacifiCorp faces more legal battles, including a $30 billion lawsuit. U.S. government warns of lawsuit for unpaid $356 million related to Slater fire expenses. Berkshire acquired PacifiCorp in 2006 for $5.1 billion.