Stonetrust Workers' Compensation Receives Prestigious Upgrade to 'A' Rating

Stonetrust Workers' Compensation Achieves A Rating Upgrade

On August 25, 2025, Stonetrust Commercial Insurance Company, based in Baton Rouge, Louisiana, celebrated a significant milestone as AM Best, the renowned credit rating agency for the insurance sector, upgraded its financial strength and credit ratings from A– (Excellent) to A (Excellent). This upgrade is particularly noteworthy as it highlights the company's exceptional performance in the competitive field of workers' compensation insurance.

Stonetrust is known for providing workers' compensation coverage to over 5,000 policyholders across Louisiana and eleven additional states in the Midwest and Southeastern United States. The company is set to expand its reach further into North and South Carolina later this year, a strategic move aimed at growing its market presence.

The upgrade to an A rating not only underscores Stonetrust's solid financial foundation but also reflects its consistent operational success. AM Best emphasized that this recognition came as a result of Stonetrust's remarkable balance sheet strength and five consecutive years of positive net income across its operations. This consistent track record of profitability is a testament to the effective management and strategic initiatives undertaken by the company.

Michael G. Dileo, the President of Stonetrust, expressed enthusiasm over the rating upgrade, stating, "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 over the last few years. 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."

The current insurance landscape requires companies to balance financial health with customer needs, and Stonetrust appears to be meeting that challenge successfully. Specializing in workers' compensation and employers' liability insurance, Stonetrust focuses on sectors such as construction, wholesale, retail, manufacturing, and various service-related industries. Their offerings cater to a diverse range of employers, from small businesses to large corporations, reflecting the company's adaptability and commitment to supporting the labor market.

The workers' compensation insurance sector is crucial for protecting businesses and employees alike. Stonetrust's upgrade signals not only their financial strength but also their continued dedication to providing reliable and effective insurance solutions to businesses. As they prepare to expand their geographical footprint, Stonetrust aims to maintain this momentum, promising to uphold high standards of service and support.

In conclusion, Stonetrust's recent rating upgrade is indicative of its commitment to excellence in the workers' compensation industry. The company's strong financial performance and strategic growth plans assure existing and prospective clients of its reliability and dedication in safeguarding their interests. As the company looks to the future, stakeholders can expect Stonetrust to remain a robust player in the workers' compensation domain, further enhancing its service offerings and geographic presence.

For further information about Stonetrust Commercial Insurance, you can contact Joseph McCormick, Vice President of Sales and Marketing at (225) 201-8049 or via email at [email protected]