Tag: Workers Compensation

Stonetrust Workers’ Compensation Announces Expansion into North and South Carolina

Posted on January 29, 2026 by Victoria Hoang - Uncategorized

Stonetrust Expansion announcement into North and South Carolina

Stonetrust Commercial Insurance Company, an AM Best “A” rated specialty workers’ compensation carrier, announced the expansion of its operations into North Carolina and South Carolina, effective January 2026. With these additions, Stonetrust now serves businesses across 14 states throughout the South and Midwest. The Stonetrust Expansion strengthens the company’s regional footprint and supports its long-term strategy of partnering with independent agents to serve employers with multi-state operations.

“This expansion reflects our continued commitment to steady, profitable growth while delivering our workers’ compensation solutions to more businesses with multi-state operations,” said Michael G. Dileo, Stonetrust President & CEO. “We’re excited to introduce our underwriting expertise, superior service model, and exceptional claims management to businesses in North and South Carolina.”

Independent agencies interested in a Stonetrust appointment can inquire by clicking on the following: Agent Portal | Stonetrust Workers’ Compensation. Agent Portal | Stonetrust Workers’ Compensation.

About Stonetrust

Stonetrust is a regional insurance company headquartered in Baton Rouge, LA providing workers’ compensation and employers’ liability insurance in 14 states across the Midwest and Southeastern U.S. Stonetrust provides statutory workers’ compensation insurance to employers large and small, with a concentration in construction, wholesale, retail, manufacturing, and other service-related businesses.

Your Workers’ Compensation Caddie: Stonetrust’s 2025-26 Campaign

Posted on December 23, 2025 by Victoria Hoang - Uncategorized

Stonetrust Workers’ Compensation Caddie campaign using a golf course metaphor to highlight insurance partnership

At Stonetrust, we are your Workers’ Compensation Caddie—making workers’ compensation insurance the easiest part of our policyholders’ businesses and our agency partners’ job every day. Market conditions change fast. You need a carrier you can trust completely: one that anticipates your needs, responds quickly, follows through, and helps you protect every business relationship you’ve worked hard to build. Someone who’s always by your side.

That’s the idea behind our latest campaign: Your Workers’ Compensation Caddie.

Just like in golf, no two rounds in the insurance world are the same. Markets shift, unexpected challenges pop up, and one wrong move from a carrier can put an entire account at risk. That’s why the best agents and their clients don’t go it alone. They rely on a partner who knows the course, knows their game, and understands what makes their business unique—anticipating the hazards and equipping them with exactly what they need every step of the way.

This campaign uses real golf-course moments to highlight the realities of protecting workers–the tough terrain, the off-target movements, the unexpected hazards. Through it all, Stonetrust is there to help you stay confident and competitive. With an ”A” rating from AM Best, the world’s leading insurance credit rating agency, Stonetrust’s financial strength is rock solid. Our team of expert, responsive, and relationship-driven employees sets us apart from the rest.

You’ll see this campaign across LinkedIn, Facebook, Instagram, Google, industry publications, and at conferences throughout the upcoming year. But no matter where you encounter it, the message stays the same: Behind every great agent is a partner they can rely on.

If you’re looking for a workers’ compensation carrier who understands the course, hustles for you, and helps you deliver a win for your clients, we’re ready when you are. Visit stonetrustinsurance.com/wc-partner to see how we support agents—every step of the way.

2025 Stonetrust Annual Report

Posted on April 4, 2025 by Victoria Hoang - Uncategorized

The Stonetrust 2025 Annual Report provides a comprehensive overview of the company’s performance in 2024. Stonetrust Commercial Insurance Company achieved remarkable financial success in 2024 in a challenging and hyper-competitive workers’ compensation insurance environment. The company reported strong net underwriting and investment gains, resulting in total net income of $13.1 million for the year. Stonetrust’s surplus increased significantly again in 2024, reaching $170.7 million, reflecting its strong financial foundation and stability. These results demonstrate the company’s ability to maintain profitability while navigating market challenges and continuing to provide excellent coverage and dedicated support to policyholders across all operating regions.

This year’s Annual Report features APEX Insurance Consultants of Arkadelphia, Arkansas, as the spotlight agency. APEX operates under the leadership of Stan Elrod, his daughter Melanie Bobo, and his son Michael Elrod. Since partnering with Stonetrust in 2013, APEX has grown to become Stonetrust’s largest agency in Arkansas, exemplifying the type of long-term relationships highlighted in the Stonetrust 2025 Annual Report. Their success showcases how collaborative agency partnerships contribute to sustainable growth, operational efficiency, and enhanced service for policyholders.

Stonetrust’s continued success is built on the loyalty and commitment of its agency partners and employees. The company emphasizes ongoing training, innovative claims solutions, and personalized support, ensuring policyholders receive high-quality coverage and personalized guidance every step of the way. With additional state expansion targeted for late 2025, Stonetrust plans to continue growing its business profitably with current agency partners and agencies in new markets. The 2025 Annual Report highlights these strategic initiatives, demonstrating Stonetrust’s focus on financial strength, operational excellence, and long-term agency relationships. By maintaining consistent growth, strong community engagement, and a respected reputation within the insurance industry, Stonetrust continues to position itself as a trusted and reliable provider of workers’ compensation solutions across all its operating regions.

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2024 Stonetrust Annual Report

Posted on August 19, 2024 by Mike Jackson - Uncategorized

The 2024 Stonetrust Annual Report provides a comprehensive overview of the company’s performance and key milestones in 2023. Notably, Stonetrust Commercial Insurance Company achieved significant financial success, reporting a 6% growth in total premiums, which amounted to $52.4 million in written premiums and $51.7 million in net earned premiums. The company’s net underwriting gain reached $11.1 million, while a net investment gain of $2.5 million contributed to a total net income of $9.4 million. Stonetrust also saw a nearly $17 million increase in its surplus, which grew to $149.5 million, further strengthening its financial position.

In line with these achievements, Stonetrust’s total assets increased from $230.8 million at the end of 2022 to $253.4 million. These results reflect a consistent trend of underwriting profitability and strong investment returns, maintaining a competitive edge in the workers’ compensation insurance market. Despite the challenges posed by declining claim frequencies, lower claim costs, and fierce competition, Stonetrust remained resilient in 2023, underwriting nearly $12 million in new business premiums.

Stonetrust’s success was further validated by its July 2024 AM Best evaluation, which reaffirmed the company’s Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent). Most notably, AM Best upgraded Stonetrust’s outlook from “Stable” to “Positive,” citing the company’s very strong balance sheet strength, consistent operating performance, robust underwriting earnings, and steady investment income.

The report also highlights the importance of partnerships, showcasing One General Agency (OGA) as a key contributor to Stonetrust’s growth and success in Oklahoma. The company expressed gratitude for the ongoing commitment and support from its agency partners, emphasizing that Stonetrust’s continued success is largely due to these strong collaborations.

Looking ahead to 2024, Stonetrust remains focused on maintaining its growth trajectory and delivering excellent results, even in the face of evolving market conditions and technological advancements. For a full view of the company’s financial results and strategic initiatives, you can download the complete 2024 Stonetrust Annual Report below.

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Unveiling the Stonetrust Difference: Fast, Reliable, and Easy Every Time!

Posted on April 9, 2024 by Chelsea Stiebing - Uncategorized

Since 1993, our commitment to reliability has defined the Stonetrust Difference, guiding us on an incredible journey with our agents and policyholders. Our dedication to building and fostering these relationships is at the heart of everything we do. When our agents and policyholders spoke up, we listened.

They expressed their prior frustrations with other workers’ compensation companies and the hurdles they have faced over the years. From fancy gimmicks and unclear incentives, to going round and round with underwriters, it has become clear that some companies simply drop the ball all too frequently.

As we listened carefully to the feedback from our customers and partners, a vision began to emerge. The complicated interaction and slow response times of other companies reminded us of a Rube Goldberg machine, a contraption intentionally designed to perform a simple task in an overly complicated way. This comparison seemed to capture the complexity and additional steps required of agents and policyholders by other insurance companies as part of their workers’ compensation underwriting process.

Please take a moment to watch our version of the Rube Goldberg machine. To us, it illustrates how other workers’ compensation companies have complicated processes and unreliable service. Stonetrust provides a better way – always available and responsive, delivering personalized service every time. We believe in making the process simple, fast, and reliable, so you never have to jump through hoops or wait on the phone for answers.

With Stonetrust, we’ve streamlined the process, offering efficient service that’s just a phone call away. We’ve built our reputation by consistently delivering on our promises, and we continue to be a trusted partner for our agents and policyholders. At the end of the day, it’s about providing service that is reliable, responsive, and easy. That’s the Stonetrust Difference —the way insurance should always be.