PLM is proud to announce the promotions of Lindsey DiGangi and Stephen Hicks. Lindsey and Stephen will now serve as Director of Corporate Marketing and Director of Underwriting, respectively. Lindsey joined PLM ten years ago as an intern and has since risen quickly through the organization. As a member of the PLM team, Lindsey has... [Read More]

For the past 126 years, Pennsylvania Lumbermens Mutual Insurance Company’s (PLM) has served as a leader, not only in business, but in terms of charitable giving and volunteerism in the greater Philadelphia community and beyond. During our annual partnership with the United Way, our team comes together for a singular purpose – to participate in... [Read More]

John K. Smith, President & CEO Despite experiencing one of the largest catastrophic events in our history, I’m pleased to report the financial impact on PLM was limited. Hurricane Ida was one of the top five most damaging hurricanes in history (estimated at $35 billion). Fortunately, we were able to serve our policyholders in need... [Read More]

Fire is a prominent risk in the lumber industry. Saw dust, kiln dried wood, and high voltage can create a potential tinderbox that only needs a failed fuse to burst into an inferno. According to the Insurance Information Institute, 2019 had over $37 billion in property losses due to fire in the U.S. Fortunately, modern... [Read More]

In today’s workplace, employment practice liability insurance (EPL) is critical for small business owners. This important coverage protects small business owners from employment claims brought by full time, part time or seasonal employees and independent contractors alleging discrimination, sexual harassment, wrongful termination or other defined wrongful employment acts. Defense costs and settlements associated with employment... [Read More]

By John Kennealy – Vice President of Claims It’s the news that turns any good day bad. One of your insureds calls to report one of their drivers has been in an accident and other motorists are hurt. Perhaps someone’s fallen at a construction site and has been badly injured. You call in the claim to... [Read More]

The NEMEON Safety Group Dividend Plan with PLM earned a 5 percent dividend for their 2020/2021 plan year. This is thanks to their 26.41 percent group loss ratio after final calculations. Dividend checks were sent to all participants at the end of October. NEMEON is a purchasing cooperative comprised of more than 150 independent roofing... [Read More]

Don’t forget to sign up to receive direct deposit payments for your broker commissions! You no longer need to wait for check payments in the mail by enrolling in the ACH-Direct Deposit program through FIS Integrated Payables. Current PLM brokers should have received a letter with a unique registration code for enrollment. If you need... [Read More]