Insurance Companies and Couple File Lawsuits Against Xcel Energy Over Marshall Fire

Over 150 insurance companies have filed a joint lawsuit against Xcel Energy, seeking to reclaim money paid in settlements to victims of the Marshall fire. The fire, which caused over $2 billion in property damage, was determined to have been partly caused by a faulty Xcel Energy power line. The insurance companies argue that Xcel Energy was negligent in maintaining its equipment and failed to account for the potential damage caused by strong winter winds. This lawsuit follows the Boulder County sheriff and district attorney naming Xcel Energy as one of the entities responsible for the fire.