Wet speaker cables

Put them out in the sun for a several days. They should dry out and be fine. I assume they have a sheathing around them

Wow water and electricity dont work well together..I would replace them. If it were my syatem I wouldnt even consider using them.

I will definitely have them tested at my dealer rather than putting my electronics at risk. What do you think my insurance company will say about replacing "wires" that cost $xxxx?

If water has seeped into them they will corrode which will effect their performance. Especially if the ends got wet. You should be able to see the corrosion setting in at the bare ends. In the mean time you can use them as the very high resistance of the water is no where near the much lower impedance of your speakers.

BTW, Bose use to hook up there outdoor waterproof speakers and immerse them into a bucket of water while playing to prove there waterproof status.

Just checked your system. an I hope those Utopias weren't damaged.
Not sure about the insurance covering the cables but I had a water damage in my house after a pipe burst a few months ago. I was amazed at how generous my insurance adjuster was. It might've helped that I was home and reacted quickly to shut the water off before damage was too extensive.