PacifiCorp Settles for $178 Million Over 2020 Labor Day Oregon Wildfires

Jun 3, 2024, 10:11 PM

PacifiCorp, a utility owned by billionaire Warren Buffett's Berkshire Hathaway, has agreed to pay $178 million to resolve claims by 403 plaintiffs arising from the 2020 Labor Day wildfires in Oregon. This settlement aims to reduce the company's exposure, although it still faces thousands of other claims related to the deadly blazes.