Pet Insurance Industry 2021 Results Are In: Huge Growth Continues, but Most Americans Still Aren’t Buying
The pet insurance industry is reporting today that the total number of insured cats and dogs in the U.S. for […]
Pet Health Insurance
Insurance regulators offer new explanation for disappeared pet insurance law; consumer rep dings regulators on transparency
There is still no explanation for the abrupt removal of the Pet Insurance Model Law from the agenda of the […]
Insurance regulators continue to sideline pet insurance model law aimed at protecting consumers
The Canine Review learned late yesterday that state insurance regulators on the Property and Casualty Committee of the National Association […]
What happened to the Pet Insurance Model Law? Why the surprise pull-back?
It’s been three weeks since the pet insurance model law was removed unexpectedly from the agenda of the final 2021 meeting of […]
Petplan is now ‘Fetch by The Dodo’–which means policy holders can now complain to Ken Lerer, too
There is at least one piece of good news for Petplan (or ‘Fetch by The Dodo’) policy holders, which is that you now have a prominent New York media executive to rope in when you file complaints to departments of insurance: Ken Lerer
Pet insurance regulation delayed again, without explanation – updated
Update: On December 24, TCR again reached out to Chairman Beatty for an update. Mr. Beatty advised that he knew nothing beyond what Mr. Birnbaum had released days ago, which was that the delay was related to licensing. NAPHIA’s Kristen Lynch did not respond. An NAIC spokesman also did not respond.
Pet Insurance Working Group Puts Financial Data Reporting Requirements on Agenda
Pet Insurance Working Group Puts Transparency on Agenda with Consideration of Data Reporting Requirements
Nationwide axes popular plan following significant losses.
Nationwide Pet will no longer offer unlimited, all-you-can-eat coverage.
Nationwide is cutting its losses–literally. The company’s 90%-reimbursement, unlimited pet insurance offering has been deep-sixed, spokeswoman Karen Davis confirmed to TCR. The genesis of the decision, although seemingly crystallized in recent company statutory filings with state insurance regulators (see below), is not something Nationwide CEO Kirt Walker would comment on. Now, consumers can take their pick between 50% or 70% reimbursement levels. And, they can take the $10,000 annual limit whether they like it or not.
Buy this dog food, lower your dog’s insurance rate?
If Landspath can be even a fraction of the disruption Trupanion has been, there could be a paradigm shift in the U.S. pet food market, the subsector of the pet industry American dog owners spend the most money. According to Packaged Facts and the American Pet Products Association, Americans had spent $40 billion on pet food by mid-year 2020. What if owners could choose between data-driven, validated pet food accountable to insurance regulators and pet food industry marketing?
Trupanion launches lower-cost, “Furkin awesome” Furkin [“fur-child”]
This story has been updated. Trupanion, Inc., the Seattle-based pet insurer, is expected to launch millennial-friendly Furkin (literal translation: “fur […]