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 insurance to more than 4,500 policyholders. Beginning as a workers’ compensation self-insurance trust, we have evolved to become a stock insurance company licensed in 28 states and currently writing coverage in eight states including: Nebraska, Louisiana, Arkansas, Mississippi, Oklahoma, Missouri, Tennessee, 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. Effective January 1, 2018, Stonetrust was acquired by Ontario, Canada based Wintaai Holdings Ltd., a wholly owned subsidiary of Chou Associates Management Inc.

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 May 20, 2021, A.M. Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Stonetrust Commercial Insurance Company and its reinsured subsidiary, Stonetrust Premier Casualty Insurance Company. This revision to a positive outlook reflects favorable considerations regarding Stonetrust’s overall balance sheet strength. A.M. Best expects Stonetrust to 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.

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. Stonetrust’s professional loss control engineers conduct on-site inspections and provide industry-specific safety recommendations to policyholders, all at no additional cost. Claims are managed efficiently and timely by our experienced claims staff. Our primary goal is to assist policyholders with the management of claim frequency, cost, and the duration of their claims, with the ultimate goal of reducing their workers’ compensation premiums.

In recent years, we’ve made great strides toward our vision of achieving “A” rated status with A. M. Best. In 2017 – 2018, we expanded our coverage territory to include Missouri, Tennessee, and Nebraska. Beginning in 2021, we are planning for more expansion into new states in the midwestern region. With our underwriting consistency, strong capital position, and great agency partners, we are well-positioned for additional rating upgrade consideration in the near future. We are a relationship driven and focused company and are always working hard to achieve our goal of becoming the “first choice” workers’ compensation carrier in all of our markets.