Energy industry

A tech firm is expanding the possibility of electric-grid forecasting by offering hourly projections of US power demand seven months into the future.

A look at insurer innovations and strategies affecting auto coverage, affordable insurance options and renewable energy programs.

Solar and wind energy companies protecting against climate-induced losses look to parametric insurance.

Unless adequately shielded from extreme weather events, assets designed to help fight climate change may risk access to insurance.

While insurers can't rebuild the grid, they are uniquely positioned to play an important role in mitigating these risks.

Clean energy transition to continue despite likely policy changes under new administration.

Top insurance companies suffered $10.6 billion of climate-attributed losses last year, according to Insure Our Future.

The increased use of solar energy also creates some new risks that could affect coverage according to a new report from Allianz.

The lawsuit requests the creation of an abatement fund to finance climate mitigation efforts, an injunction to protect California's natural resources, damages and penalties.

Property insurance premiums for US solar facilities have soared as much as 50% over the past year, threatening to slow their rollout and derail global efforts to cut carbon emissions.

Artificial intelligence has the potential to accelerate world-altering innovations, Google DeepMind executive Colin Murdoch said.

16 lawmakers issued letters to more than a dozen insurance companies, including American International Group Inc., Berkshire Hathaway Specialty Insurance Co. and Chubb Ltd.

Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects.

The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure on Vladimir Putin’s regime.

The glass tower in Paris where Axa SA, one of the world’s largest insurers, has its temporary headquarters looks as if a giant feral cat has ripped chunks out of it. In recent months that jagged feeling extends inside, too, as senior executives prepared to claw off an extraordinarily profitable part of the company’s $20 billion business: the oil and gas clients whose ties to the insurer go back decades.

A group of the world's biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities have run into an unexpected opponent of their planet-friendly mission: competition law.

About 20 nations have signed on to a deal to stop funding foreign fossil fuel projects -- with a last-minute entry by Italy. But the impact of the accord is undermined by the absence of key countries like China.

AXA SA, France’s biggest insurer, is broadening the list of fossil-fuel activities that it will refrain from investing in, as pressure grows on financial companies to step back from funding industries that damage the climate.

To date, just one insurer has promised to take “significant action” in this regard, according to analysts at Societe Generale SA. Australia’s Suncorp was the first to announce it would no longer provide coverage for all new oil and gas production projects.

Insurtech's technology will power smartphone-based telematics initiative to help score oil and gas drivers.