This document provides an introduction and overview of the SAMSI CLIM Risk and Coastal Hazards Working Group. The working group focuses on natural hazards in coastal environments and how interconnected natural, infrastructure, and social systems influence risk. Key areas of discussion include climate science, statistics, insurance, and risk. The working group aims to produce a workshop on climate science and insurance in Fall 2018, around two manuscripts, and possible proposals. Presentations were given on topics like the nexus of climate data and insurance, modeling weather-related insurance claims with machine learning, and estimating extreme storm surge levels statistically.