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You are here: Home / Broker Monthly Highlights / Monthly Broker Insider: March 2024

Monthly Broker Insider: March 2024

March 25, 2024 by PLM

PLM Monthly Broker Insider
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Stock Reporting Form

At PLM we understand that each one of our insureds has unique insurance needs. That’s why we offer tailored insurance products that work for your clients.

We know that it can be hard to calculate their exact inventory levels when they are constantly fluctuating. Our Stock Reporting Form gives insureds a chance to report inventory levels monthly so PLM can ensure that they have enough coverage in their time of need without paying more than necessary.

If you are interested in learning more about the Stock Reporting Form, contact your Business Development Representative today.

 

View The Monthly Inventory Report Here

We are proud to introduce our newest video blog series, “Insights from the Top: 3 Questions with PLM Leaders”. Each month we will highlight a different member of our leadership team to share their thoughts on industry trends and how PLM is playing a role in the important needs of the wood niche.

View Here

Q&A with Angelo Ganguzza

Forklift Safety: 12 Expert Tips to Avoid a Costly Loss

Frequency breeds severity. It’s an old saying in insurance that rings true across the lumber and wood products industries, especially when it comes to forklift safety.

Forklift accidents consistently rank among the most common claims we see each year at PLM. While most are small in nature, every now and then, a forklift accident can create serious injuries—even fatalities—and multi-million dollars’ worth of damage. And that doesn’t even include the additional negative impacts that a mishap can have on your client’s reputation.

Let’s explore why every lumberyard, every furniture manufacturer, cabinet maker, millwork company, assembly and distribution facility be they small or large companies should emphasize forklift safety and examine 12 best practices to protect your client’s company and their drivers.

Read More

Wondering about new business opportunities in your own neighborhood? Here are some examples of accounts successfully written by PLM or with WC placed through Green Tree Risk Partners.

PLM

Building Supplies Mfg. – SC: $128,000
Cabinet Mfg. – FL: $57,000
Sawmill & Kiln – KY: $5,000
Lumber and Supply Co. – OK: $74,200
Treated Lumber Supplier – AL: $72,000
Hardware Store – CA: $462,500
Cabinet Mfg. – TX: $402,400
Custom Furniture Mfg. – MT: $11,000
Hardwood Flooring Mfg. – SD: $1,000
Hardware Store – KS: $20,000
Millwork Mfg. – ME: $27,300
Cabinet Mfg. – NY: $29,600
Shed Mfg. – PA: $29,400
Spindle Mfg. – OH: $9,400
Millwork Mfg. – DE: $8,000

Green Tree Risk Partners

Custom Woodwork Mfg. – NC: $3,000
Barrel Mfg. – AL: $5,300
Hardware Store- LA: $12,700
Custom Door Mfg. – FL: $11,700
Horse Bedding Mfg. – AL: $50,000
Millwork Mfg. – IN: $3,000
Custom Log Home Mfg. – VT: $10,000
Cabinet Mfg. – NJ: $120,000
Hardwood Veneer Mfg. – PA:$10,000
Pallet Mfg. – IN:$8,000
Hardware Store – KS: $4,000
Pallet Mfg. – WI: $97,000
Millwork Mfg. – TX: $1,000
Lumber & Building Material Sup. – IA: $32,000
Cabinet Mfg. & Home Remodeling – CA: $33,500

Find PLM and GTRP at these upcoming insurance conventions and trade show events:
  • 03/28 – PIIAC – Convention – Englewood, CA
  • 04/01 – Accelerate Powered by NetVU – New Orleans, LA
  • 04/03 – HUG National Conference – Carlsbad, CA
  • 04/04 – MIIAB Big I MN Expo – Prior Lake, MN
  • 04/16 – PIAAR Annual Convention – Fayetteville, AR
  • 04/17 – IIATC Annual Trade Show – Fort Worth, TX
  • 04/18 – Buffalo I-Day – Buffalo, NY
  • 04/19 – FIWT Leadership & Education Mid-Year Expo – College Station, TX

Filed Under: Broker Monthly Highlights

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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