At our January board meeting, we announced exciting news to our Board of Directors that we’d like to share with you, as well. In 2016, PLM achieved strong underwriting performance, turning a profit for the first time in a number of years as economic conditions have worked against us. When combined with strong investment income,… [Read More]
Breakroom Appliances: Hidden Fire Hazards
Have you considered the use and types of appliances your client may have in their break room as being a fire hazard to their operation? Many break rooms have non-commercial low-end appliances that most of us wouldn’t consider having in our homes. To complicate the matter, these low-end appliances are often used much more frequently in… [Read More]
Another Financing Option for Savvy Insureds
Do your clients pay their annual property, auto and liability insurance policy premiums in one annual amount? Probably not. Most commercial insurance policyholders seek to manage their cash flows by spreading premiums over several monthly installments. While many of our policyholders take advantage of our premium installment options, we find it surprising that some continue… [Read More]
Spread the Word…Embracing Safety is Good for your Business
Over the last several years, we have heightened our focus on loss prevention and have become very diligent in the issuance of and follow up on formal loss control recommendations to our customers. As you may know, we have seen a substantial improvement in this area with the number of visits to clients and the… [Read More]
EPLI Claims: A Potential Problem for Insureds
In our litigious society, frivolous litigation and groundless claims rack up astronomical defense costs for your clients and their insurance companies. While hacking and cyber liability have been getting all the recent press, Employment Practices Liability (EPL) claims quietly continue their upward trajectory. It seems employment laws in the U.S. often favor the employee. Current… [Read More]
Policyholder Perspective
We, GRK Manufacturing Co, have had the privilege of being insured by Pennsylvania Lumbermens Mutual Insurance Company for the past several years. Their service has been outstanding. They stood beside us when we had a fire loss, and they have been beside us to provide coaching on how to minimize our risk. We have benefited… [Read More]