Insurance companies sue energy corporation after it was blamed for helping start Colorado wildfire
July 12, 2023
Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado's most destructive wildfire in 2021.
The lawsuit was filed Thursday, a few weeks after investigators announced that a sparking power line owned by Xcel was one of the causes of a fire that, fanned by high winds, destroyed nearly 1,000 homes and left two people dead. Embers from a smoldering scrap wood fire set days before on a nearby property used by a Christian religious communal group was also found to have been another cause.
The two fires combined to ca...