{"id":21055,"date":"2023-11-30T20:52:52","date_gmt":"2023-11-30T20:52:52","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=750251"},"modified":"2023-11-30T20:52:52","modified_gmt":"2023-11-30T20:52:52","slug":"oregon-regulator-to-investigate-pacificorps-request-to-limit-wildfire-liability","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2023\/11\/30\/oregon-regulator-to-investigate-pacificorps-request-to-limit-wildfire-liability\/","title":{"rendered":"Oregon Regulator to Investigate Pacificorp\u2019s Request to Limit Wildfire Liability"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2020\/03\/California-FAIR-plan-580x287.jpg\"><\/p>\n<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2020\/03\/California-FAIR-plan-580x287.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/west\/2023\/11\/30\/750251.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/west\/2023\/11\/30\/750251.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p class=\"reuters\">Oregon\u2019s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider\u2019s request by as long as nine months.<\/p>\n<p>In October, the Berkshire Hathaway Energy BRKa.N subsidiary asked regulators in five of the six states it serves to limit damages tied to future utility-caused wildfires.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-topics=\"catastrophe,natural-disasters,wildfire\" data-revive-companies data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>That request came four months after an <a href=\"https:\/\/www.reutersconnect.com\/all?search=all%3AL1N3863JC&amp;linkedFromStory=true\">Oregon jury found<\/a> PacifiCorp must pay at least $87 million in compensatory and punitive damages for four wildfires that damaged more than 2,400 properties over Labor Day in 2020.<\/p>\n<p>Putting a limitation on liability will allow it to ensure reasonable rates and finance future expenditures, PacifiCorp said in its October filing.<\/p>\n<p>On Tuesday, the Oregon Public Utility Commission (OPUC) approved a staff recommendation submitted on Nov. 17 to suspend PacifiCorp\u2019s request for up to nine months for an investigation.<\/p>\n<p>The proposed modifications have \u201csignificant policy implications as well as legal issues\u201d and cannot be adequately investigated by the effective date of Nov. 29, 2023, proposed by PacifiCorp, OPUC staff said in the <a href=\"https:\/\/oregonpuc.granicus.com\/MetaViewer.php?view_id=2&amp;clip_id=1247&amp;meta_id=37682\">recommendation<\/a>.<\/p>\n<p>The Portland-based utility serves 2 million customers in Oregon, Washington, California, Utah, Idaho and Wyoming.<\/p>\n<p>PacifiCorp\u2019s mounting <a href=\"https:\/\/www.reutersconnect.com\/all?search=all%3AL1N3C508Z&amp;linkedFromStory=true\">litigation costs dampened<\/a> third-quarter profits of parent company Berkshire Hathaway\u2019s energy business.<\/p>\n<p><em>(Reporting by Nicole Jao; Editing by Sonali Paul)<\/em><\/p>\n<p class=\"tagtag\"> <span class=\"tagtag\">Topics<\/span> <a href=\"https:\/\/www.insurancejournal.com\/catastrophe\/\" class=\"btn btn-sm btn-primary tagtag\">Catastrophe<\/a> <a href=\"https:\/\/www.insurancejournal.com\/natural-disasters\/\" class=\"btn btn-sm btn-primary tagtag\">Natural Disasters<\/a> <a href=\"https:\/\/www.insurancejournal.com\/wildfire\/\" class=\"btn btn-sm btn-primary tagtag\">Wildfire<\/a> <a href=\"https:\/\/www.insurancejournal.com\/location\/oregon\/\" class=\"btn btn-sm btn-primary tagtag\">Oregon<\/a> <\/p>\n<\/p><\/div>\n<div class=\"article-poll\" data-post=\"750251\">\n<div class=\"article-poll-vote\">\n<p>Was this article valuable?<\/p>\n<\/p><\/div>\n<div class=\"article-poll-feedback voted-no\">\n<form class=\"feedback-form\">\n<p>Thank you! 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