• Home
  • About
  • Products & Services
  • Claims
  • Producers
  • Loss Control Center
  • Request A Quote
  • Green Tree Risk Partners
  • HardwareXpress
  • Portable Sawmill Protection
  • Blog
  • Careers
  • Newsroom
  • Events
  • Contact Us
  • Make a Payment
  • Producer Portal
  • Request a Quote
  • Green Tree Risk Partners
  • Contact Us
  • 1.800.752.1895
Pennsylvania Lumbermens Mutual Insurance Company for wood products industry
MENUMENU
  • About
        • About Pennsylvania Lumbermens Mutual

        • Pennsylvania Lumbermens Mutual Insurance Company
          • About
          • Why PLM?
          • History
          • Timeline
          • Leadership
          • Newsroom
          • Financials
          • Events
          • Careers
          • Quick Links

          • A Culture of Caring
          • Newsletters
            • Subscribe
            • Lumber Memo Archive
            • Producer Update Archive
  • Products & Services
        • Products & Services

        • Specialized Property & Casualty Insurance for the Woodworking and Building Material Industries
          • Products Overview
          • Who We Protect
          • Coverages
          • Business Development Representatives
          • Payment Options
          • Dividends
          • Request a Quote
          • Workers' Compensation Placement

          • Green Tree Risk Partners
          • Hardware Store Insurance Solution

          • HardwareXpress
          • Portable Sawmill Insurance Solution

          • Portable Sawmill
          • Quick Links

          • Locate a Business Development Representative
          • Stock Reporting Form
          • Interactive Protection Map
  • Claims
  • Producers
        • Insurance Producers & Brokers

        • Lumber
          • Producers
          • Producer Kit
          • Interactive Protection Map
          • Commission ACH Payments
          • Producer Portal
          • Wholesale Brokerage / Workers' Compensation Placement / Logging Program

          • Green Tree Risk Partners
  • Loss Control Center
        • Loss Control Center

        • Reduce insurance risk in the wood products and lumber industry
          • Loss Control Center

          • Loss Control Center Home
          • Loss Control Guides

          • Operations
          • Auto / Fleet
          • Fire
          • Machinery
          • Risk Management Resources

          • Safety Training Videos
          • Distracted Driving - Phone
          • Continuous MVR Monitoring
          • Portable Alert System
          • Telematics
          • Combustible Dust Solutions
          • Safety Materials
          • Additional Safety Resources
          • Protective Devices
          • Quick Links

          • Locate a Loss Control Representative
  • News
You are here: Home / Broker Monthly Highlights / Monthly Broker Insider: November 2023

Monthly Broker Insider: November 2023

November 28, 2023 by PLM

PLM Monthly Broker Insider
  • Share
  • Tweet
  • LinkedIn

PLM Monthly Highlights series for insurance producers and brokers – our newsletter to keep informed on news and updates from Pennsylvania Lumbermens Mutual.

Working with a wood industry-related client? Send your applications to: NewBiz@plmins.com

Open Appetite Search Tool

Why Strong Carrier Partners Are a Must in a Hard Market

The hard insurance market for many product lines continued throughout 2023, with rate pressure, underwriting scrutiny, and capacity restrictions expected into 2024. A strong partnership with your carriers is essential for agents to navigate this hard market, help clients get the insurance protection they need, retain business, and gain new customers.

Looking ahead to 2024, take the time to analyze your book of business to determine which niche markets in which geographic locations are profitable and aligned with your carriers’ appetites. Focus your marketing strategy on these segments and territories. Beef up your marketing campaigns to target these segments with a product offering that distinguishes you in the market.

Read More

HBSDealer Top Women Leaders and Rising Stars

HBSDealer Top Women in Hardware & Building Supply honored our own Kelly Sullivan with the Rising Star Award this year. As a Senior Loss Control Representative at PLM, Kelly has embodied the traits of business excellence and the potential to make a difference within PLM and her own community.

Read More

Storage Yard Blaze in Downtown Los Angeles

On November 11, 2023 the Los Angeles City Fire Department responded to a reported rubbish fire in Downtown Los Angeles. The first arriving fire company found a large storage yard with pallets, trailers and vehicles, well involved in fire with buildings exposed.  The incident was immediately upgraded to a structure fire response with additional resources enroute.

As firefighters established heavy stream hand lines and ladder pipes, wind pushed the heat and flames under the freeway and across the street, igniting a second storage yard. The span of the incident, covering nearly eight acres, required transition to a Major Emergency incident with 26 fire companies assigned. Ultimately, over 164 firefighters worked through the night to extinguish the fire and successfully defend three commercial buildings from damage.

It is always important to make sure your clients are taking the proper safety precautions to prevent losses such as this. You can access our Loss Control Center for additional information and resources.

Learn More about how to keep your client’s safe by visiting our Loss Control Center.

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

Window & Door Mfg. – NY : $118,800
Building Materials Supplier – OH : $139,000
Lumberyard – PA : $55,100
Homebuilding Supply Store – MI : $72,200
Specialty Construction Supply Store – FL : $1,362,800
Cabinet Supply Mfg. – GA : $118,400
Farm Gates Mfg. – KY :$629,300
Millwork and Fence Distributor – LA : $155,800
Truss Mfg. – TX : $604,200
Softwood Veneer and Plywood Mfg. – CA : $94,800
Wood Packaging Supplier – IL :$664,700
Log Furniture Mfg. – CO : $65,500

Green Tree Risk Partners

Recycled Pallet Mfg. – RI : $48,000
Piano Part Mfg. – NY : $101,400
Architectural Woodworking Mfg. – CT : $28,00
Log Home Component Mfg. – MI : $26,000
Bamboo Product Mfg. – FL : $67,000
Sawmill – KY : $23,900
Hardwood Products Mfg. – TN : $37,500
Lumberyard – LA : $11,500
Hardwood Flooring Mfg. – WI : $91,000
Specialty Building Products Distributor – CO : $118,000
Flooring Installation – TX : $204,800
Sawmill – IL : $18,500

Find PLM and GTRP at these upcoming insurance conventions and trade show events:
  • 02/01 – PIA NY Metro Rap – New York, NY
  • 02/05 – KAIA Annual Convention – Wichita, KS
  • 02/21 – IIAM Agency Management Conference – Jackson, MS
  • 02/21 – Houston I-Day – Houston, TX
  • 02/22 – NIIA Annual Tradeshow – Reno, NV
  • 03/03 – WSIA Underwriting Summit – Phoenix, AZ
  • 03/19 – Los Angeles I-Day – Pasadena, CA
  • 03/20 – IIABSC Spring Conference – Columbia, SC
  • 03/21 – MAIA Small Agency Conference – Columbia, MO
  • 03/28 – PIIAC Convention – Englewood, CO

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

              
  • About
  • Products & Services
  • Claims
  • Producers
  • Loss Control Center
  • Blog
  • Careers
  • Newsroom
  • Contact Us
PLM wood products insurance logo
Subscribe to our newsletter
  • Legal
  • Terms and Conditions
  • Privacy Policy
  • Accessibility Statement
  • Sitemap
© PLM. All Rights Reserved.