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News from New Day Underwriting Managers LLC, FM Global, AIG and more.

The Insurance Institute for Business & Home Safety examined building policies in 18 Atlantic and Gulf Coast states and found that despite the increasing severity of natural disasters, many of those states have relaxed their approach to codes — or have yet to impose any whatsoever.

Natural catastrophes appear to be increasing in severity if not frequency, which may partly be due to climate change.

Employees whove worked extra hours battling a record wave of natural disasters in 2017 may have to pay back some of their overtime.

The tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. It also could put the squeeze on hospitals and renewable energy firms.

The tax bill passed by Republicans in the U.S. Senate over the weekend may boost profits for industries from banking to retail to fossil fuels. It also could put the squeeze on hospitals and renewable energy firms.

Although the cause of California's wildfires may never be known, PG&E may be liable. Will customers have to pay any losses that exceed the insurance coverage available?

The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.