Stonetrust Commercial Insurance Co. News

Outlooks Revised to Positive for Workers’ Comp Insurer Stonetrust

AM Best has 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 Co. and its reinsured subsidiary, Stonetrust Premier Casualty …

Louisiana’s Stonetrust Commercial Insurance Adds Skaggs, Boniol, Perkins

Stonetrust Commercial Insurance Co., based in Baton Rouge, Louisiana, has hired Jeff Skaggs as senior vice president of Underwriting and Marketing; Dawn Boniol as manager of Compliance, Quality Control and Claims Support; and Richard Perkins as Loss Prevention Outreach coordinator. …

Louisiana’s Stonetrust Commercial Insurance Promotes Treigle; Adds Chou, Jones

Baton Rouge, La.-based Stonetrust Commercial Insurance Co. has promoted Michael “Shane” Treigle as executive vice president and chief financial officer, and hired Tracy Chou as executive vice president and chief investment officer, and Natalie Jones as director of Human Resources. …

Louisiana’s Stonetrust Commercial Insurance Adds Lege, Moore

Stonetrust Commercial Insurance Co., based in Baton Rouge, Louisiana, has hired Brandon Lege as director of Loss Prevention and John Moore as a production underwriter. Lege was formerly the safety and training manager for Texas Petroleum Investment Co. in Lafayette …

AM Best Upgrades Issuer Credit Rating of Louisiana Workers’ Comp Insurer Stonetrust

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, Louisiana. The ratings outlook remains stable. …

Workers’ Compensation Insurer Stonetrust Enters Missouri, Tennessee

Workers’ compensation insurer Stonetrust Commercial Insurance Co. has begun writing business in Missouri and Tennessee. Stonetrust, which is headquartered in Baton Rouge, Louisiana, is also writing in Louisiana, Texas, Oklahoma, Arkansas, Mississippi and Nebraska — in addition to Missouri and …

Stonetrust Entering Nebraska Workers’ Comp Market

Omaha, Nebraska-based Method Insurance Services announced it will be the exclusive distribution channel for Stonetrust Commercial Insurance Co. as it enters the Nebraska workers’ compensation market. “Stonetrust is a Nebraska domestic insurer and is pleased to partner with Omaha based …

A.M. Best: Outlook Stable for Louisiana’s Stonetrust Commercial Insurance

A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance Co. (Stonetrust) in Baton Rouge, La. The outlook assigned …

Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance

Stonetrust Commercial Mutual Insurance Holding Co. announced it has agreed to be acquired by Dhandho Holdings LP and Dhandho Holdings Qualified Purchaser LP, based in Irvine, Calif. Stonetrust is a Louisiana-based mutual insurance holding company and the parent company of …

Dileo Promoted to Sr. VP at Louisiana-Based Stonetrust Commercial Insurance

Michael G. Dileo has been promoted to the position of senior vice president of operations at Louisiana-based regional workers’ compensation underwriter Stonetrust Commercial Insurance Co. Dileo has almost 25 years of commercial lines experience including extensive executive level management experience …