155 insurance companies sue Xcel Energy over Marshall fire losses

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NEW: More than 150 insurance companies are suing Xcel Energy over the Marshall fire in an attempt to reclaim money those insurers paid in settlements to the wildfire’s victims.

More than 150 insurance companies are suing Xcel Energy over the Marshall fire in an attempt to reclaim money those insurers paid in settlements to the wildfire’s victims.

The lawsuit, filed Thursday in Boulder County District Court, does not name the Twelve Tribes or its members as defendants. It also does not specify the amount of money the insurance companies are seeking from the utility. “If they don’t recoup the dollars, those dollars are passed on,” Walker said. “It is an important part of the process to at least get in line.”

 

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