Full article available at Financial Times

As natural catastrophes such as wildfires and hurricanes have proliferated, insurers have begun to cancel coverage for property owners in vulnerable cities. The root cause of the uptick in weather-induced property damage is, of course, global warming - and to stop tragedy from spreading, we need to move rapidly to alternative energy sources. 
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Today, a handful of start-ups - including kWh Analytics, New Energy Risk and Energetic Capital - specialise in aggregating information on energy assets for use in insurance policies. The coupling of real-time data with the predictive powers of machine learning could create a new paradigm for modelling risk.