As the oldest and largest mutual insurer dedicated to protecting lumber and wood products businesses, PLM strives to be a valued member of this community. This goes beyond simply attending events or providing risk management counsel. We aim to be a visible contributor and partner to our industry’s associations and the wood industry as a... [Read More]

It is often said that when you purchase insurance, you are buying a promise. Put succinctly, in exchange for a premium, you are receiving a promise that if you have a claim, you will be made whole to the fullest extent possible. The insurance promise can only cover that which has been defined in the... [Read More]

From advanced manufacturing applications, aging infrastructures, and new technologies, equipment risks are changing, but breakdowns remain inevitable. When you think of the different types of equipment you use in your daily operations, from boiler systems, electrical systems, machinery and manufacturing equipment, and computers, any one breakdown to a system can bring your business to a... [Read More]

Do you think hackers only target large corporations for their cyberattacks? Think again! If you are an employee of a small to medium-sized organization, you may be even more at risk of being targeted for cyberattacks. Cybercriminals target smaller organizations because they assume that these organizations have fewer defenses in place to prevent cyberattacks. According... [Read More]

Building a workplace where our staff feels welcome and knows they have room to advance and to develop their skills is a priority here at PLM. We know the value of a good workplace culture and we strive to provide a place where our team truly feels at home with their coworkers. We are excited... [Read More]

As I am writing this commentary, we have not yet reported our year-end financial results as a company to our Board of Directors, so I will refrain from going into specific details about our results. Suffice to say, we expect to see strong investment income which will overcome an underwriting loss and produce operating income... [Read More]