Newsroom

Access the latest wood products industry news, safety articles, and insights.

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PLM has long been dedicated to the wood products and insurance industries it serves.

We believe our knowledge of the industries we serve allows us to build longstanding relationships with our customers based on our “shared value and mutual purpose”. Our dedication and expertise has not gone unnoticed. We strive as a company and as individuals to remain ahead of these industries as they evolve so that we can always provide the most current and useful news and information to our customers. As a mutual insurance company, our main commitment is to you.

The PLM Exchange

In 1886, a group of lumbermen formed The Lumbermens Exchange to join forces to reduce expenses, increase buying power, and share information and services. It was also through their mutual needs and values that PLM was born. In the spirit of this group, we present The PLM Exchange, our blog where we can share our industry-specific knowledge, ideas, and resources with our stakeholders and the wood community.
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PLM Wood Products Industry News Articles

Wood-Products Industry News & Articles

April 9, 2025

Why Telematics Alone Won’t Lower Distracted Driving Risks

April 2, 2025

Insurance Rates Rise, Pallet Companies Looking for Answers and Solutions

March 18, 2025

How Business Interruption Coverage Can Restore Your Business

March 4, 2025

Demystifying insurance: The value of insurance to the wood industry

February 6, 2025

UpClose with Steve Firko

View Article Archive
PLM Wood-based Business News

PLM News & Announcements

January 7, 2025

PLM Kicks off New Year with Leadership Moves, Promotions

PHILADELPHIA — Jan. 6, 2025 – Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, today announces several leadership changes and promotions within the company’s executive staff. The changes are part of PLM’s strategy to enhance the organization’s profitability and growth and prepare for the future, while recognizing the changing… [Read More]

December 6, 2023

HDI Global Insurance Company Acquires Indiana Lumbermens Insurance Company

Chicago, IL, December 5, 2023 – HDI Global Insurance Company (HDI) has strengthened its position in the U.S. market with the acquisition of Indiana Lumbermens Insurance Company (ILIC), a subsidiary of Pennsylvania Lumbermens Mutual Insurance Company (PLM). HDI has purchased one hundred percent (100%) of the shares of ILIC from PLM. The trans-action closed on… [Read More]

October 13, 2023

PLM Earns Several Major Insurance Awards Recognizing the Company’s Risk Management and Talent Innovation

PHILADELPHIA — Oct. 13, 2023 – Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, today announces several major insurance industry honors from leading insurance industry publications. The company has been named the Risk Carrier Team of the Year by Inside P&C and named a member of the NU Property… [Read More]

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Newsletter Archive

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Videos

9/2020 – Best’s Review – Issues & Answers: Mutual Success

2/01/2020 –AM Best TV – Celebrating the company’s 125th anniversary.

9/26/2017 – AM Best TV – Pennsylvania Lumbermens John Smith: Storm Rebuilding Good for Wood Business, Its Insurers

5/15/2017 –AM Best TV – Pennsylvania Lumbermens Steve Firko: From Little Sparks Big Losses Grow.

Awards & Accolades

February 11, 2021

PLM recognized as one of the 2021 Top Workplaces in the US.

August 30, 2020

PLM recognized as a 2020 Top Workplace by The Philadelphia Inquirer.

March 1, 2019

PLM recognized as a 2019 Top Workplace by The Philadelphia Inquirer.

November 1, 2018

PLM presented a check for $44,820 and 300 smoke detectors to the Philadelphia Fire Department Foundation during the Insurance Society of Philadelphia’s (ISOP) annual Independence Gala.

October 4, 2018

Pennsylvania Lumbermens Mutual CEO John K. Smith to be Honored at Independence Gala

October 4, 2018—Philadelphia, Pennsylvania— Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, is proud to announce that its President and CEO John K. Smith will be honored with the Distinguished Leadership Award at the Insurance Society of Philadelphia (ISOP) Independence Gala on Wednesday, November 14, 2018. The Distinguished Leadership… [Read More]

Advertisements

Look out for these advertisements in your trade or industry publications and learn why mutual insurance is the right choice for you.

PLM Ad thumbnail with you for your unique business needs
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Newsletters

Subscribe to Newsletter

Subscribe Here

Newsletter Archive

View Lumber Memo Archive
View Producer Update Archive
Videos

Videos

9/2020 – Best’s Review – Issues & Answers: Mutual Success

2/01/2020 –AM Best TV – Celebrating the company’s 125th anniversary.

9/26/2017 – AM Best TV – Pennsylvania Lumbermens John Smith: Storm Rebuilding Good for Wood Business, Its Insurers

5/15/2017 –AM Best TV – Pennsylvania Lumbermens Steve Firko: From Little Sparks Big Losses Grow.

Awards & Accolades

Awards & Accolades

February 11, 2021

PLM recognized as one of the 2021 Top Workplaces in the US.

August 30, 2020

PLM recognized as a 2020 Top Workplace by The Philadelphia Inquirer.

March 1, 2019

PLM recognized as a 2019 Top Workplace by The Philadelphia Inquirer.

November 1, 2018

PLM presented a check for $44,820 and 300 smoke detectors to the Philadelphia Fire Department Foundation during the Insurance Society of Philadelphia’s (ISOP) annual Independence Gala.

October 4, 2018

Pennsylvania Lumbermens Mutual CEO John K. Smith to be Honored at Independence Gala

October 4, 2018—Philadelphia, Pennsylvania— Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, is proud to announce that its President and CEO John K. Smith will be honored with the Distinguished Leadership Award at the Insurance Society of Philadelphia (ISOP) Independence Gala on Wednesday, November 14, 2018. The Distinguished Leadership… [Read More]

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Advertisements

Look out for these advertisements in your trade or industry publications and learn why mutual insurance is the right choice for you.

PLM Ad thumbnail with you for your unique business needs
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Pennsylvania Lumbermens Mutual Insurance Company
One Commerce Square
2005 Market Street, Suite 1200
Philadelphia, PA 19103

Toll Free: 1.800.752.1895
Fax: 215.625.9097
CustServ@plmins.com

              
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