Post #7998 by abromber on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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Apropos of discussions on this board recently:

"As wildfire season starts, some utilities are now operating without insurance — and are on the hook for millions of dollars in damages if their power lines are linked to a blaze.

Wildfire risk is the number one issue for utilities,” said Michael Kolodner, the practice leader for the US power and renewables industry at Marsh & McLennan Companies Inc., a US insurance broker. “This is impacting every single utility in North America."

https://www.bloomberg.com/news/articles/2024-06-24...

abromber

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