Insurance Companies File Lawsuit Against Xcel Energy for Negligence in Marshall Fire

More than 150 insurance companies and two survivors of the Marshall fire in Colorado are suing Xcel Energy, alleging negligence in the utility company's role in causing the devastating fire. The lawsuits come after an 18-month investigation found that the fire had two ignition points, including an Xcel Energy power line that arced and sent hot particles into dry grass. The insurance companies are seeking damages for the destruction of over 1,000 homes and more than $2 billion in property damage. The survivors are claiming that Xcel Energy failed to take necessary precautions despite high fire risk warnings. Xcel Energy denies its power lines played a role in triggering the fire.