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You are here: Home / Archives for Producer Update

President’s Letter

August 26, 2021 by PLM

Producer Update Issue 4 2021John K. Smith, President & CEO The numbers are in for July, and we are quite pleased. Premiums surged to $28 million, and it looks like we will produce a much needed underwriting profit for the month. Investment income and unrealized equity gains will further enhance our policyholder surplus to a record level north of... [Read More]

Filed Under: Producer Update

Coverage Toolbox – Cybercriminals Are Out There. Help Your Clients Protect Themselves.

August 26, 2021 by PLM

PLM Coverage Toolbox HeaderCybercriminals aren’t picky. Like any criminal, they choose their victims based on opportunity, value, and how difficult they are to steal from. Unfortunately, in the world of cybercrime, all that criminals have to do is spam thousands of e-mails and wait. It takes just one person in a network to click a malicious link, and... [Read More]

Filed Under: Producer Update

Plumb Safety: A Closer Look at How the FMCSA Can Improve Fleet

August 26, 2021 by PLM

PLM Plum Safety HeaderFleet safety is an essential component of any lumber business. As the industry continues to grow, and businesses face increased demand, the strength of a fleet can make or break a lumber operation. Unfortunately, managing a commercial auto fleet, no matter the size, comes with its own set of risk exposures – risk exposures that... [Read More]

Filed Under: Producer Update

Plumb Safety – Anytime Risk Management: A Great Resource for Your Client’s Toolbox

August 26, 2021 by PLM

PLM Plum Safety HeaderOwning and operating a business comes with many responsibilities. Your clients’ stakeholders depend on them. Whether it’s the customers they supply, the employees that they support, or the community in which they serve, they make a promise to each of them. A promise of safety, security, and longevity through the operation and growth of their... [Read More]

Filed Under: Producer Update

Direct Deposit Commission Payments

August 26, 2021 by PLM

PLM Plum Safety HeaderWe are pleased to announce that Pennsylvania Lumbermens Mutual Insurance Company (PLM) is now offering broker commission payments through ACH-Direct Deposit. PLM has partnered with FIS Integrated Payables to streamline the commission payment process by offering electronic payments to you. PLM brokers will no longer need to wait on check payments in the mail, but... [Read More]

Filed Under: Producer Update

Spotlight On: William Arthur Bissette

August 26, 2021 by PLM

Celebrating the Life of William Arthur Bissette It is with deep sadness that we share the news of the passing of former PLM board member, William Arthur “W.A.” Bissette. Born in Goldsboro, North Carolina, Mr. Bissette dedicated his life to his family and friends, his community, and to the lumber industry. Mr. Bissette graduated from... [Read More]

Filed Under: Producer Update

Spotlight On: The PLM Exchange

August 26, 2021 by PLM

Introducing The PLM Exchange Pennsylvania Lumbermens Mutual Insurance Company is excited to announce our company’s newest resource, The PLM Exchange. The PLM Exchange is our company’s official blog source; this platform provides easy access to our industry-specific knowledge, ideas, and resources right at the fingertips of our valued customers and brokers. The PLM Exchange will... [Read More]

Filed Under: Producer Update

President’s Letter

July 9, 2021 by PLM

Producer Update: Issue 3 - 2021John K. Smith, President & CEO By the time you read this, it will be officially summer with most areas of the United States open and in a much better place since the pandemic began. We are hopefully out of the woods (no pun intended)! I am back to traveling and have been out of... [Read More]

Filed Under: Producer Update

Built to last – PLM earns excellent financial strength rating with A.M. Best

July 9, 2021 by PLM

Once again, PLM has built upon its stable foundation as the largest mutual insurer dedicated to wood-related businesses in the U.S. We are proud to announce that we earned an A- (Excellent) rating with a stable outlook by A.M. Best Rating Services, Inc. PLM earned this rating due to its stability throughout the pandemic, dedication... [Read More]

Filed Under: Producer Update

The Dovetail: Prepping for Disaster Season

July 9, 2021 by PLM

PLM The DovetailAs we welcomed those long-awaited summer months, we also ushered in hurricane season. And this year’s hurricane season looks to be another eventful one with NOAA’s Climate Prediction Center forecasting an above-normal season with up to 20 named storms. With the warmer, dryer weather and the current severe drought conditions across the west, also comes... [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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