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ABOUT US | History | Leadership | Financials | Community | Current News
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 Louisiana domiciled insurance
company providing workers' compensation and employers' liability. In
seventeen short years, we have evolved from a workers' compensation self
insurance trust to a stock insurance company licensed in five states: Louisiana, Arkansas, Mississippi, Oklahoma and Texas.
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!
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