Berkshire Hathaway's utility subsidiary, PacifiCorp, has agreed to a $150 million settlement with 1,434 plaintiffs related to the destructive 2020 Labor Day fires in Oregon. The agreement, disclosed in a regulatory filing, addresses claims that the utility failed to prevent its equipment from sparking fires during dangerous weather conditions. This settlement is the latest in a series of payouts by PacifiCorp, which has now paid out approximately $1.7 billion to resolve about 70% of the individual wildfire claims. The company still faces a large class-action lawsuit that could result in billions of dollars in further losses. No significant market reaction to this specific settlement was noted in the available reports.