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PLM recognized for financial strength


Pennsylvania Lumbermen’s Mutual Insurance Co. (PLM), the largest mutual insurer dedicated to wood-related businesses, announces the confirmation of its financial strength rating as A- (Excellent) with a stable outlook by A.M. Best Rating Services.

“PLM is proud to share the affirmation of our rating, which showcases the incredible work of our team and the great services we have to offer,” John Smith, president and CEO of PLM, said in a statement.

“This A.M. Best Rating recognizes our financial strength and dedication to supporting our clients. Thank you to our team for their continued excellence, and to our insureds for their dedication to being safety-minded businesses, particularly as we navigated 2020 and the challenges presented by the COVID-19 pandemic. We look forward to continuing to serve our clients with new programs and offerings in the years ahead.”

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