What speakers and receiver do you have? Perhaps we can answer your question about the possibility of receiver overheating and failing if we know what you have.
Mark is right. A speaker's sensitivity is directly measured as loudness when a 2.83 volt signal is applied, while a microphone is 1 meter away. If the speaker is a true 8 ohm load, 2.83 volts is about 1 watt, and if its a true 4 ohm load, that would be about 2 watts.
Ohm's Law is a simple equation that correctly applies only to DC electricity. Electrical music signals are AC, and a loudspeaker contains reactive elements such as drivers, capacitors, or inductors. In fact, a speaker's impedance varies depending on the frequency of the AC music signal.
To complicate matters further, when AC or time-varying voltage or current is applied, the relationship between voltage and current becomes the solution to a differential equation, so the simple Ohm's law does not directly apply. (Whenever differential equations are involved, I personally run for the door
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.)
Are you saying that you intend to rewire the drivers that are internally attached in parallel to the crossover? Don't go there, you will void the warranty and possibly damage your speakers.