Warren Buffett's PacifiCorp faces $30 bln new wildfire claims

A utility owned by Warren Buffett's Berkshire Hathaway is facing $30 billion in new claims blaming it for causing Oregon wildfires in 2020, nearly four times the maximum loss it had projected. One thousand victims filed claims against PacifiCorp in a state court in Portland, each seeking up to $5 million for actual losses and up to $25 million for non-economic losses. PacifiCorp is appealing a previous jury order to pay $90 million for gross negligence. Berkshire Hathaway Energy, which owns 92% of PacifiCorp...