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A utility owned by Warren Buffett's Berkshire Hathaway faces $30 billion of new claims blaming it for causing Oregon wildfires in 2020, nearly four times the maximum loss it had projected.
PacifiCorp has paid more than $1 billion to settle nearly 2,000 wildfire claims, but faces billions of dollars of additional claims, including a $30-billion lawsuit.
“We’re not going to throw good money after bad,” the Berkshire Hathaway CEO said, as subsidiary PacifiCorp faces $8 billion in lawsuits. Warren Buffett suggested Saturday that Berkshire ...
PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that devastated parts of Oregon ...
PacifiCorp faces new $100 million wine damage lawsuit for 2020 Labor Day fires Pacific Power faces $42.5 billion in new wildfire claims, seeks more rate increases ...
PacifiCorp, the parent company of the Oregon electric utility Pacific Power, will pay out $299 million to settle lawsuits related to a 2020 wildfire in Southern Oregon that destroyed around 170 homes.
Electricity provider PacifiCorp has agreed to pay $299 million to victims of the 2020 wildfires in southern Oregon to end a lawsuit that could have cost it far more.
By CLAIRE RUSH Associated Press PORTLAND, Ore. (AP) — Pacific Power, part of PacifiCorp, said Monday it has agreed to a $178 million settlement with over 400 Oregon plaintiffs in the latest ...
One of the Northwest's biggest private utilities is facing billion-dollar lawsuits over negligence in the Beachie Creek Fire.
One-thousand victims of Oregon’s 2020 Labor Day Wildfires filed a lawsuit in Multnomah County on Tuesday seeking $30 billion from PacifiCorp for damages caused by the utility company, accordi… ...
PORTLAND, Ore. (AP) — Three Oregon lawmakers say they plan to introduce a bill that would bar utilities from raising rates if they have unresolved wildfire lawsuits for three or more years ...