New York’s Standard and Preferred Gets High AM Best Rating

• AM Best has assigned a Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating of “a-” (Excellent) to Standard and Preferred Insurance Co. of Kew Gardens, New York.
• The assigned ratings outlook is stable.
• Niche market provider Standard and Preferred provides workers’ compensation coverage for the New York healthcare industry, including nursing homes, assisted living facilities and homecare agencies.
• Its business is focused on SMEs and writes WC business through an affiliated managing general agent, Graph MGA LLC.
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Insurtech Quilia Expands to WC Cases

• Las Vegas-based insurtech Quila has expanded its platform to include support for workers’ compensation cases.
• The app is touted as the “client app for personal injury attorneys.”
• The platform now enables WC claimants and their attorneys to track Temporary Total Disability (TTD) checks, involve various state-specific forms for treatment authorization, disability certification, and case updates, among other activities.
• “Workers’ Compensation claims can be overwhelming for both clients and attorneys,” said Kenny Eliason, CEO of Quilia. “Our new features simplify the process, ensuring that attorneys have the tools they need to stay organized and their clients have peace of mind knowing their case is progressing smoothly.”
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