History & Leadership
At Stonetrust Commercial Insurance Company, it is our mission to be a professional and reliable partner to our policyholders and agents to achieve our mutual goal of workplace safety and claims cost containment.
You Can Trust Us As
Your First Choice
We don’t just want to be one of many options in the industry – we want to be the “first choice” workers’ compensation partner in all of our markets. How do we achieve that? By adhering to the following pledges on every transaction and at every touchpoint:
CommunicationEngage in transparent and honest conversation with all partners
DisciplineDetermine what is important and take the appropriate action
ExcellenceExceed expectations to achieve desired outcomes
ServiceDeliver what we promise
IntegrityConduct ourselves in an honest and professional manner
RelationshipIdentify and build relationships internally and externally
OwnershipAccept responsibility and execute projects to completion
UrgencyAct with passion to accomplish superior results
TeamworkWork together to create success
Michael G. Dileo,
President and Chief Executive Officer
Mike Dileo is Stonetrust’s President and Chief Executive Officer, and he has been with Stonetrust since 2010, when he was hired as Vice President of Underwriting. In June 2017, Mike was named President/CEO. With more than 25 years of commercial insurance and workers’ compensation management experience, he previously held the positions of Senior Vice President of Claims at Texas Mutual and Vice President of Underwriting at Louisiana Workers’ Compensation Corporation. Mike is a native of Baton Rouge and has a Bachelor of Arts Degree in History from Louisiana State University. He also holds the Chartered Property Casualty Underwriter (CPCU) designation.
Executive Vice President and Chief Financial Officer
Shane Treigle is Stonetrust's Executive Vice President and Chief Financial Officer and has been with Stonetrust since 2003. He oversees all accounting, financial, and regulatory filing matters. Shane's previous experience includes public accounting, and he was formerly the CFO at Starmount Life Insurance Company. He is a native of Baton Rouge and received his Bachelor of Science in Accounting from Louisiana State University. Shane is also a licensed Certified Public Accountant in Louisiana and serves as Treasurer to the Board of both Stonetrust Commercial and Stonetrust Premier.
Executive Vice President and Chief Investment Officer
Tracy Chou is Stonetrust’s Executive Vice President and Chief Investment Officer, and she has been with Stonetrust since 2019. She is responsible for leading and managing the company’s investment strategy. Tracy has extensive experience with the stock markets and evaluating investments, as she has been a Director for Chou Investment Funds for over 10 years. She is a native of Toronto and received her Bachelor of Mathematics at the University of Waterloo and a Master’s of Science from Stanford University.
Melanie J. Forbes,
General Counsel and Vice President of Claims
Melanie Forbes is Stonetrust’s General Counsel and Vice President of Claims, and she has been with Stonetrust since 2005. She oversees all legal matters for the company, as well as the Claims and Safety Operations departments. Melanie also serves as the Secretary to the Boards of Stonetrust Commercial and Stonetrust Premier. She is a native of New Orleans and received her Bachelor of Arts in History from Louisiana State University. Melanie is a member in good standing of the Louisiana Bar Association and is licensed to practice in all Louisiana state courts.
Robert F. Wolf,
FCAS, CERA, MAAA
Vice President and Chief Actuary
Bob Wolf is Stonetrust’s Vice President and Chief Actuary, and he has been with Stonetrust since 2015. He has responsibility for ratemaking and reserving and leads the company’s enterprise risk management initiative as the Chairman of the ERM Committee. Bob’s previous experience includes actuarial positions with an insurance brokerage firm and other insurance carriers, as well as an actuarial consulting firm, and he also previously served as an elected member of the Board of Directors of the Casualty Actuarial Society. He is a native of Chicago and is also a Fellow of the Casualty Actuarial Society, a Chartered Enterprise Risk Analyst, and a member of the American Academy of Actuaries.
A Reliable Foundation
Stonetrust first began in 1993 as a workers compensation self-insurance fund. Since then, we have evolved into a stock insurance company licensed in 28 states and currently writing coverage in Nebraska, Louisiana, Arkansas, Mississippi, Oklahoma, Missouri, Tennessee, Texas, Alabama, Kansas, Iowa and Georgia.
Thousands of employers have made us their workers compensation insurer of choice because of our our vast experience in all areas of workers’ compensation and our solid financial strength. We couldn’t have gotten here without the strong partnerships we have built and without the help of our great agency partners.
Our steadfast commitment to unsurpassed service, risk screening, accident prevention, and claims management has enabled us to achieve exceptional results. On June 8, 2022, AM Best upgraded our Financial Strength Rating (FSR) to A- (Excellent), reflecting the sustained favorable results in our balance sheet strength and operating performance. AM Best has also stated that it expects that we will continue to report favorable loss reserving trends, maintain the strongest level of risk-adjusted capitalization – as measured by Best’s Credit Adequacy Ratio (BCAR) – and continue to generate organic surplus growth through profitable underwriting and investment performance.
LACE-SIF (LA Associated Commercial Employers Self-Insured Fund) is formed1993
LACE-SIF converts to a mutual insurance company and changes its name to Amicus Mutual2000
Amicus Mutual converts to a stock insurance company and changes its name to Stonetrust Commercial Insurance CompanyJANUARY
Stonetrust expands into Arkansas, Mississippi, Oklahoma, and Texas2006-2007
Stonetrust Commercial demutualizes into a privately owned non-stock insurance companyDECEMBER
Stonetrust re-domesticates to NebraskaAUGUST
Stonetrust begins writing business in Nebraska2017
Stonetrust is purchased by Francis Chou (Wintaai Holdings)JANUARY
Stonetrust expands into Missouri and TennesseeAPRIL
Stonetrust expands into Alabama and Kansas – its 9th and 10th states
Stonetrust goes live with Insurity’s Workers’ Comp Suite to improve data access and underwriting efficiency
Stonetrust launches its preferred tier company, Stonetrust Premier Casualty Insurance Company
Stonetrust earns A-rating from A.M. Best as a direct result of its outstanding service and financial strengthJUNE
Stonetrust expands into Iowa and Georgia – its 11th and 12th states.OCTOBER