Regulators adopt first significant legislation for fast-growing pet insurance industry. Now, states must decide.
Regulators gathering at the National Association of Insurance Commissioners’ (NAIC) Summer National Meeting voted to adopt the Pet Insurance Model Act nearly three years after the Pet Insurance Working Group began its drafting process. “This model law establishes clear rules for the sale of pet insurance and provides important disclosures to pet owners interested in […]
Spineless: Vet and pet insurance trade groups, AVMA and NAPHIA, refuse to take positions on The Dodo’s “moral hazard” assault on vet professionals
Last month, The Canine Review reported exclusively on a leading pet insurance carrier’s filing documents which declared veterinary professionals seeking coverage when the provider is an employer or even “business associate” to be a “moral hazard/fraud.” The insurance company, Fetch by The Dodo also known as Petplan, was seeking regulatory approvals for policy exclusions that […]