3.5% Dividend for NAWLA & 5% Dividend for ABM
The North American Wholesale Lumber Association (NAWLA) Safety Group Dividend Plan with PLM earned a 3.5% dividend for their 2022 plan year. This is thanks to their 30.63% group loss ratio after final calculations. Dividend checks were sent directly to all participants at the end of April.
We are also pleased to return a dividend to the participating members of the Allied Building Stores, Inc. (ABS) Safety Group Dividend Plan. The group ended with a 29.33% loss ratio earning the members a 5% dividend for their 2022/2023 plan year. Dividend checks will be delivered to all participants at the end of May.
For more information on NAWLA, ABS, or any of our other existing dividend programs, visit www.plmins.com/products-services/dividends/. If you have any questions about PLM dividend plans, please contact Susan Cho at scho@plmins.com or at 267-825-9350.
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Lumber Memo: Issue 2 – 2023
IN THIS ISSUE:
- President’s Commentary
- Cyber Corner: Real Products, Fake Payments
- What is a Ghost Policy?
- Plumb Safety: Prepare for An Unpredictable Hurricane Season
- Spotlight On: PLM Announces Several Board Changes
- Spotlight On: Recent Promotions on the PLM Team
- Spotlight On: 3.5% Dividend for NAWLA & 5% Dividend for ABS
- Spotlight On: St. Baldrick’s Fundraiser Recap
- Spotlight On: ABM Rebrands to Green Tree Risk Partners