During Berkshire Hathaway's annual shareholder meeting, CEO Warren Buffett's potential successor, Greg Abel, emphasized the company's strategy to mitigate wildfire liabilities, particularly through recent legislative changes in Utah. New laws allow utilities to charge customers to create a fund for future fire damages, effectively capping the financial liabilities they face. This model, praised by Abel, is being pursued in other states, despite pushback from consumer advocates who argue it undermines protections for wildfire victims. Critics highlight that utilities are not adequately maintaining infrastructure, leading to increased fire risks. The ongoing legal battles in states like Oregon, where Berkshire's subsidiary PacifiCorp faces significant lawsuits, underscore the contentious nature of these legislative changes and their impact on consumers.