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
Pet Health Insurance
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 […]
ASPCA under fire again for lavish spending, fundraising, executive compensation
The ASPCA is under fire again for how it spends donor money. The ASPCA’s spending habits and lack of fondness […]
Pet insurers threaten to oppose model law if regs block lengthy waiting periods; consumer reps blast industry trade group NAPHIA
During a contentious ninety-minute Pet Insurance Working Group meeting on July 22, insurance regulators and consumer representatives clashed with pet […]
Consumer reps blast pet insurance industry in scathing letter; our story to follow
In damning written comments submitted to the Pet Insurance Working Group task force on Wednesday, consumer representatives blasted the pet […]
High-brow pet insurer launches breakaway, “fluff-free,” low-cost product; first of several launches in Trupanion’s 60-month plan
America’s second-largest pet insurance provider Trupanion, Inc. (Nasdaq: TRUP) has just launched a “time-limited,” low-cost pet insurance brand in Canada, PHI Direct, which will launch in the United States later this year, along with a third insurance product at a medium price point, Furkin. But unless you follow insurance closely or read TCR, you may never know that Trupanion is the parent company.
Special Report: As America’s pet insurance industry goes mainstream, do companies insure themselves or you?
Special Report: As America’s pet insurance industry goes mainstream, do companies insure themselves or you? May 19, 2021 Pet […]
Petplan’s Plunge: One of America’s largest pet insurance companies struggles amid VC-mandated cutbacks, insurtech IT woes
Petplan’s Plunge: As rivals thrive in pandemic puppy economy, Petplan struggles amid VC-mandated cutbacks, IT insurtech woes Juliane Holz of […]