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Producer Update: Issue 3 – 2025

by PLM

I would like to begin this commentary by providing an update on our financial performance and where we find ourselves through the end of May 2025. I’m writing this just after the end of June, and while full results are not yet final, I’ll share several initial thoughts as I cover each area. Our Current... [Read More]

What is Reinsurance, and How Does It Impact Lumber Businesses?

by PLM

What is Reinsurance, and How Does It Impact Lumber Businesses? By Steve Firko We in the lumber and building materials industry have felt the brunt of the increasing frequency and severity of catastrophic (CAT) events in recent years. On top of these events, the recent uncertainty surrounding the global markets has made transferring risk difficult,... [Read More]

Are We Facing a Coverage Crisis?

by PLM

Are We Facing a Coverage Crisis? By Steve Hicks Recent announcements of trade deals and new tariffs have made the S&P 500 look like a Six Flags roller coaster. During this period of market uncertainty and volatility, many lumber and building material business owners and operators have adopted a wait-and-see attitude before addressing any needed... [Read More]

Producer Update: Issue 2 – 2025

by PLM

Before delving into an overview of our operating results, I thought I would start off with a topic that is currently front and center, tariffs. I am not going to debate whether tariffs are good or bad, but to provide my viewpoint on how they may impact all of our businesses. The issue that we... [Read More]

Spotlight On: Leadership Moves and Promotions

by PLM

PLM Kicks off the New Year with Leadership Moves and Promotions Pennsylvania Lumbermens Mutual Insurance Company (PLM), the largest mutual insurer dedicated to wood-related businesses, today announces several leadership changes and promotions within the company’s executive staff. The changes are part of PLM’s strategy to enhance the organization’s profitability and growth and prepare for the... [Read More]

Spotlight On: Upcoming Events

by PLM

Lumber Memo: Issue 1 - 2025 IN THIS ISSUE: President’s Commentary The Past, Present, and Future of PLM Cyber Corner : Encrypted Email Procedures Spotlight On: PLM Kicks off the New Year with Leadership Moves and Promotions Spotlight On: Upcoming Events PREVIOUS: Spotlight On: Recent Awards NEXT:

Cyber Corner:  Encrypted Email Procedures

by PLM

Encrypted Email Procedures  We wanted to make you aware of a new email procedure effecting emails sent externally to our broker partners. This system will automatically be able to detect when an email contains sensitive information and it will become encrypted. When the email arrives in your inbox, it will arrive encrypted, showing our PLM... [Read More]

The Past, Present, and Future of PLM

by PLM

The Past, Present, and Future of PLM By Steve Firko This month, PLM will be celebrating our 130th year in business. Very few companies in America have reached that milestone. This is a noteworthy accomplishment considering the challenges that PLM and our country has faced during the last 130 years from economic depressions, recessions, wars,... [Read More]

Producer Update: Issue 1 – 2025

by PLM

I am sure by now you’ve become aware of the reorganization of our leadership team here at PLM, but if not, a copy of the press release is included in this issue for your review. We are pleased with the feedback that we've received from insureds, brokers, trade association executives, and other stakeholders. It's rare... [Read More]

Spotlight On: Upcoming Events

by PLM

Producer Update: Issue 5 – 2024 IN THIS ISSUE: President’s Commentary Cyber Corner:  AI Where We’re At and Where It’s Headed Green Tree Risk Partners: Added Benefits Plumb Safety: Winter Weather Preparation The Dovetail: Planning for Safety in 2025 Spotlight On: PropertyCasualty360 Luminaries Award Spotlight On: Upcoming Events PREVIOUS: Spotlight On: Recent Awards NEXT:

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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