Stonetrust Workers' Compensation Expands Its Reach
Stonetrust Commercial Insurance Company, recognized for its strong reputation with an AM Best "A" rating, has officially announced its expansion into South Carolina. With operations now reaching fourteen states across the South and Midwest, Stonetrust aims to enhance its service offerings and support for businesses.
Enhancing Services for Agency Partners
Michael G. Dileo, the President and CEO of Stonetrust, expressed excitement about this recent advancement. He stated, "We're thrilled to add South Carolina to our expanding footprint. The previous year proved to be exceptional for us, and we are eager to embrace the opportunities that come with this expansion. Our goal remains simple: to be the most responsive and reliable workers' compensation solution for both our agency partners and policyholders." Dileo emphasized that Stonetrust's commitment to personal service and relationship building sets the company apart from many other carriers.
New Submission Guidelines for Independent Agencies
Starting from January 15, 2026, Stonetrust will accept submissions from appointed independent agencies operating within South Carolina. These agencies can benefit from a competitive commission rate of 25% for new business that becomes effective in January 2026. This marks a significant opportunity for agencies looking to partner with a strong insurance provider with a reliable track record.
A Comprehensive Insurance Solution
As a private, full-service regional insurance company, Stonetrust is based in Baton Rouge, LA, and specializes in providing a variety of insurance products, including workers' compensation and employers' liability insurance. With operations in fourteen states, the company has an extensive footprint in the Midwest and Southeastern United States. Stonetrust's expertise caters to businesses of all sizes, particularly in industries such as construction, wholesale, retail, manufacturing, healthcare, and many other service-related sectors.
Commitment to Quality and Support
Stonetrust prides itself on delivering statutory workers' compensation insurance tailored to the needs of employers, whether they are large corporations or smaller businesses. Their focus on providing quality service and comprehensive support enables them to stand out in a competitive market, fostering strong relationships with their clients.
Contact Information
For agencies interested in joining the Stonetrust network, Joseph McCormick, the Vice President of Sales & Marketing, is available for inquiries and guidance. With a dedicated team ready to assist, Stonetrust encourages interested agencies to reach out.
Frequently Asked Questions
What areas does Stonetrust serve?
Stonetrust offers workers' compensation insurance in fourteen states across the Midwest and Southeastern U.S.
When will Stonetrust start accepting submissions from South Carolina agencies?
Stonetrust will begin accepting submissions from appointed independent agencies in South Carolina starting January 15, 2026.
What commission rate can agencies expect on new business?
Agencies will receive a commission rate of 25% on new business written with a January 2026 effective date.
Who can I contact for more information about Stonetrust?
For inquiries, agencies can reach Joseph McCormick, Vice President of Sales & Marketing, at (225) 201-8049.
What types of industries does Stonetrust cater to?
Stonetrust provides insurance solutions for various industries, including construction, wholesale, retail, manufacturing, healthcare, and other service-related businesses.
