Stonetrust Workers' Compensation is Upgraded to "A" Rating by AM BEST
PR Newswire
BATON ROUGE, La., Aug. 25, 2025
BATON ROUGE, La., Aug. 25, 2025 /PRNewswire/ -- AM Best, the world's leading insurance industry credit rating agency, upgraded Baton Rouge based regional workers' compensation insurer, Stonetrust Commercial Insurance Company's Financial Strength and Credit Ratings from A – (Excellent) to A (Excellent). Stonetrust offers workers' compensation coverage and services to more than 5,000 policyholders in Louisiana and eleven other states in the midwest and southeastern regions of the United States and will be expanding its coverage area into North and South Carolina later this year. AM Best indicated that the rating upgrade reflected Stonetrust's very strong balance sheet strength, and operating performance highlighted by five consecutive years of positive income in each area.
"The upgrade is a compliment to the tremendous team that we've assembled at Stonetrust and reinforces the momentum and progress that we've achieved the last few years," said Stonetrust President, Michael G. Dileo. "We had just achieved our A – rating in 2022, so we're really excited to receive this upgrade so soon after the last one. It affirms our profitability first strategy, the partnerships that we've built with our great agency partners and supports our plans for expanding our product into more states."
About Stonetrust
Stonetrust is a regional insurance company headquartered in Baton Rouge, LA providing workers' compensation and employers' liability insurance in twelve 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.
FOR MORE INFORMATION:
Joseph McCormick, Vice President Sales & Marketing
Joe.mccormick@stonetrustinsurance.com
(225)201-8049
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SOURCE Stonetrust Commercial Insurance
