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You are here: Home / Archives for Producer Update

Plumb Safety: Preparing Your Clients for An Unpredictable Hurricane Season

June 6, 2023 by PLM

Plumb Safety: Preparing for an Unpredictable Hurricane SeasonPreparing Your Clients 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... [Read More]

Filed Under: Producer Update

Producer Update: Issue 2 – 2023

June 6, 2023 by PLM

Producer Update: Issue 2 - 2023I 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]

Filed Under: Digital Producer Update, Producer Update

Cyber Corner: Real Products, Fake Payments

June 6, 2023 by PLM

PLM: Cyber CornerRecently, 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]

Filed Under: Producer Update

What is a Ghost Policy?

June 6, 2023 by PLM

What Is A Ghost Policy?We often see new bind order notices come in for accounts where we did not offer workers’ compensation coverage with a comment that says, “one-man shop”. We now have a product through ABM to offer these self-employed business owners workers’ comp coverage that will allow them to bid on work they may have previously avoided.... [Read More]

Filed Under: Producer Update

Producer Update: Issue 1 – 2023

February 15, 2023 by PLM

Producer Update: Issue 1 2023Year-end is always an exciting, challenging, yet somewhat stressful time around PLM, even when our results are good! Similar to your business, it's a time when we look back on what worked for us during the year and what didn't. We look at the operational and financial side of the ledger, review the goals and... [Read More]

Filed Under: Digital Producer Update, Producer Update

Cyber Corner: Fraudulent Funds Transfer

February 15, 2023 by PLM

PLM: Cyber CornerOrganizations often use email to send their employees invoices that they need to pay. Now, cybercriminals are taking advantage of this process by using fraudulent funds transfer (FFT) scams. In FFT scams, cybercriminals try to manipulate you into transferring your organization’s funds to their bank accounts. To start an FFT scam, cybercriminals use social engineering... [Read More]

Filed Under: Producer Update

All Workers’ Comp Dividend Plans are Not Created Equally

February 15, 2023 by PLM

By Angelo Ganguzza, Vice President & General Manager Brokerage Operations for ABM When purchasing workers’ compensation insurance, many businesses consider dividend plans to help save on their premium. A workers’ compensation dividend plan is a method used where qualifying employers can share with the insurance company in the profitability of their account. Simply put, these... [Read More]

Filed Under: Producer Update

PLM & Ask Kodiak – Finding the Right Home for Your Client’s Insurance Needs

February 15, 2023 by PLM

PLM & AskKodiak ImagePennsylvania Lumbermens Mutual Insurance Company is excited to announce a new method for insurance producers and brokers to find business opportunities in their neighborhoods with our new Appetite Eligibility Tool! This new tool is made available through Ask Kodiak, an online search platform that enables producers to instantly identify carrier appetite when searching for markets... [Read More]

Filed Under: Producer Update

Plumb Safety: Fire Extinguishers – Why Attention to Detail is Essential

February 15, 2023 by PLM

PLM: Plumb SafetyDownloadable sign to print. Lumber businesses today face a number of threats to their operations, but one that may not come to top of mind may be a simple things like proper training on fire extinguishers. A top priority for producers should be to ensure their clients are properly following fire protocols. Failure to abide... [Read More]

Filed Under: Producer Update

The Dovetail: Issues to Watch in 2023

February 15, 2023 by PLM

PLM The DovetailBy John Kennealy, Vice President of Claims As we start this new year, there are several issues you clients should consider that could have an impact on their business. Risk factors for the lumber and wood industries are constantly changing especially in an ever-evolving world. Here are some areas to watch out for that are... [Read More]

Filed Under: Producer Update

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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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