I agree partially with Jugg, if the other grounds are bad and this is the only path for the ground, it could become hot. Loose connections also produce heat in electrical situations. Fluids that are combustible on a hot surface can cause a fire. I would re-ground the car. Get/make some grounding straps and be sure that the connections are clean and tight.
There was a recall/TSB on the brake switch on the master cylinder on Ford F series/Expeditions. The switch was hot at all times, brake fluid can get to the sensor and ignite cause an underhood fire. Ford developed a new connector pigtail to wire in to curb the problem. Several people lost their trucks, garages/homes, and even lives to the problem!
I had a fuel line rupture on my old beater GT with about 280,000 miles on it. It caught the engine bay on fire ruining the injector harness and vacuum items located in the pass. rear corner. I had to put it out with snow! I fixed it and drove it until it was too much work/cash to keep. I now carry a fire extinguisher in the silver car. I would hate to see that one burn!