Previous close | 0.0400 |
Open | 0.0400 |
Bid | 0.0000 |
Ask | 2.0600 |
Strike | 210.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0400 - 0.0400 |
Contract range | N/A |
Volume | |
Open interest | 59 |
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. One thousand victims filed claims against the PacifiCorp utility on Monday in a state court in Portland. Victims are each seeking up to $5 million for actual losses such as property damage, and up to $25 million for non-economic losses such as emotional distress.
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. One thousand victims filed claims against the PacifiCorp utility on Monday in a state court in Portland. The claimants were added to litigation where a jury last June ordered PacifiCorp to pay $90 million to 17 claimants for gross negligence over its failure to shut down power lines during a Labor Day windstorm.
Berkshire Hathaway's (BRK.B) first-quarter results are likely to reflect improved pricing, favorable reserve development, a larger investment asset base and a higher reinvestment rate.