Monday, June 24th 2024, 9:41:05 pm
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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 and northern California. The settlement announced on Monday resolves substantially all individual claims in northern California related to the Slater Fire, which burned approximately 157,000 acres (63,536 hectares) over two months and crossed into Oregon before being contained. PacifiCorp has paid more than $1 billion to settle more than 1,600 claims arising from the Labor Day weekend fires with individuals and businesses in Oregon and California.