PHILADELPHIA — Pennsylvania Lumbermens Mutual Insurance Company (PLM) has announced that it has received an A- (Excellent) rating on its financial strength by A.M. Best Rating Services, Inc.
“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,” said John Smith, president and CEO of PLM. “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.”
PLM protects more than 5,000 businesses nationwide with property, general liability, inland marine, business automobile, commercial excess liability, and equipment breakdown coverages.