We wanted to do something a little different and have this issue of the Lumber Memo be solely focused on claims. Along those lines, I will begin my opening commentary with some thoughts about the types of claims we see in the lumber niche, and perhaps why it’s important to choose to place your property,... [Read More]

I usually begin my commentaries by discussing our financial performance over the past couple months. However, I would like to take a moment to speak on our recent charitable fundraising event. At our company-wide National Meeting in April, 17 PLM employees “braved the shave” in support of the St. Baldrick’s Foundation, the second largest funder... [Read More]

Recently, the US FBI has issued a warning about business email compromise (BEC) attacks by cybercriminals, who are trying to steal physical goods. BEC is when cybercriminals spoof business email accounts and impersonate executives to try and steal information, money, or products from an organization. In this recent BEC scam, cybercriminals start this attack by... [Read More]

What is a Ghost Policy? We often see new business come in where we did not offer workers’ compensation coverage due to it being a one-man shop. We now have a product through ABM to offer self-employed business owners workers’ comp coverage that will allow them to bid on work they many have previously avoided.... [Read More]

Preparing for an Unpredictable Hurricane Season Hurricane season is quickly approaching, and recent forecasters don’t seem quite sure what to expect. According to the Weather Company, there are two main factors impacting predictions. For one, El Nino is likely forming which could indicate a milder hurricane season. Conversely, the Atlantic Ocean is warmer than usual,... [Read More]

Recent PLM Promotions PLM continues to grow and it’s due to the hard work of our team. We are proud to share the promotions of three of our team members, John Marazzo, Steve Hicks and Ed Nowak. Marazzo will now serve as Senior Vice President of Accounting and Corporate Treasurer, Hicks, will now serve as... [Read More]

PLM’s St. Baldrick’s Fundraiser Recap PLM and all its employees are passionate about giving and are proud of the culture of caring we have established within the organization. In addition to our volunteer events throughout the country and our yearly United Way Campaign, this year we began an ambitious campaign to raise money for the... [Read More]