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Pennsylvania Lumbermens Mutual Insurance Company company history timeline

1886

In 1886, a group of prominent lumbermen formed The Lumber Merchants Exchange of Philadelphia (later shortened to The Lumbermens Exchange), a buying cooperative to reduce expenses, increase buying power and share information and services.

1894

To achieve these goals, the group established an Insurance Committee in 1894, headed by Edward F. Henson, a young lumber executive and attorney, to investigate the high rates charged by stock insurance companies.

1895

In February 1895, the Committee under Henson’s leadership, founded Pennsylvania Lumbermens Mutual Fire Insurance Company (later called PLM).

1915

While the company had always provided educational and informational materials on fire prevention and safety in the workplace – as far back as 1915 – PLM now established a formal Loss Control Department.

2017

Later in December of 2017, Cyber Liability coverage is introduced to PLM policies to help protect our customers from fallout of cyberattacks and data breaches.

2019

PLM recognized as a 2019 Top Workplace by The Philadelphia Inquirer.

2020

PLM recognized as a 2020 Top Workplace by The Philadelphia Inquirer.

2021

PLM recognized as one of the 2021 Top Workplaces in the US.

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Founded
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Headquarters
Philadelphia, PA
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Pennsylvania Lumbermens Mutual Insurance Company competitors

Company nameFounded dateRevenueEmployee sizeJob openings
New South Lumber Company Inc-$26.0M350-
Appalachian Underwriters, Inc.----
CURE Auto Insurance1990$51.0M625
Brownstone Agency1973$17.0M50-
Atlantic Specialty Lines1996$37.5M3504
Grain Dealers Mutual Insurance-$5.7M50-
National Lloyds Insurance1948$40.0M150-
MacNeill Group1946$30.1M105-
National Interstate Insurance1989$130.8M70415
Jimcor Agencies1986$1.2M5044

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