Stone is responsible for the insurance operations and serves as President of RLI Corp's insurance subsidiaries; RLI Insurance Co., RLI Indemnity Co., Mt. Hawley Insurance Co., and Contractors Bonding and Insurance Co. These responsibilities include the overall direction of the companies; underwriting, claim and branch operations. Stone joined the company in 1996 as vice president, claim. He was promoted to executive vice president in 1998 and was appointed to his current position in 2002. He joined RLI from The Travelers in Hartford, CT where he began his employment in 1977. Stone received a bachelor's degree from Bellarmine College, Louisville, KY in 1970 and he received his J.D., magna cum laude, from the University of Louisville, Louisville, KY in 1977. Stone is a director on the Board of Directors of RLI Corp., UnityPoint Health/Methodist, Peoria, IL, UnityPoint Health, Des Moines, IA, South Side Bank, Peoria, IL and Maui Jim, Maui, HI.