Golden Spread Electric Cooperative Sues Insurer Over Winter Storm Uri Lawsuit Coverage
Golden Spread Electric Cooperative Inc., a Texas power generation cooperative, filed suit against its insurer, Hartford Underwriter Insurance Co., alleging, amongst other things, that the insurer wrongfully denied coverage of a lawsuit filed by customers claiming bodily injury and property damaged caused by power outages during Winter Storm Uri. Golden Spread is seeking declaratory judgment that the insurer is obligated to defend the coop in the action and all other actions against the coop that will be consolidated into multidistrict litigation related to Winter Storm Uri.