At Stonetrust Commercial Insurance Company, it is our mission to be a professional and capable partner to our policyholders and producers while providing workers’ compensation coverage at competitive rates. Stonetrust seeks to develop a working relationship with each policyholder and producer to achieve our mutual goal of workplace safety and claims cost containment.
Stonetrust is a Nebraska domiciled insurance company providing workers' compensation and employers' liability.Beginning as a workers' compensation self insurance trust, we have evolved to become a stock insurance company licensed in six states: Nebraska, Louisiana, Arkansas, Mississippi, Oklahoma and Texas. Stonetrust was acquired by Dhandho Holdings LP on December 31, 2014.
Stonetrust began in 1993 as a self insurance fund (the LACE-SIF) which, in its seven years of operation, was extremely profitable, with a combined loss ratio of 50% for all years of operation! As the Louisiana workers' compensation market stabilized, management and the board of directors sought ways to become more competitive and offer more products to member employers. In July 2000, the self insurance fund converted into a mutual insurance company and changed its name to Amicus Mutual Insurance Company. On January 1, 2006, to better compete with trends in the industry, the company converted into a stock insurance company and became known as Stonetrust Commercial Insurance Company.
Thousands of employers have made us their insurer of choice due to our vast experience in all areas of workers' compensation and our solid financial strength. On June 3, 2011, A.M. Best upgraded Stonetrust's rating to B++, noting its "solid capitalization, profitable earnings achieved through strong underwriting performance and consistent investment income, and management’s underwriting experience within its niche workers’ compensation marketplace".
Stonetrust provides statutory workers’ compensation insurance to employers large and small, with a concentration in construction, wholesale, retail, manufacturing, and other service related businesses. The typical Stonetrust policyholder is a small to mid-sized company that places a priority on workplace safety and seeks a stable and secure insurer that works with it to achieve safety goals and keep its workers’ compensation premiums and claims costs down. Stonetrust works in partnership with policyholders, focusing squarely on their needs and demands.
Our steadfast commitment to unsurpassed service, risk screening, accident prevention, and claims management has enabled us to achieve exceptional results.
Claims are managed efficiently and timely by our experienced claims staff. Stonetrust assists policyholders in the effective management of the frequency, cost and duration of workers' compensation claims, ultimately reducing their workers' compensation premiums.
Stonetrust's professional loss control engineers conduct on-site inspections and provide industry-specific safety recommendations to policyholders - all at no additional cost!