Pet Insurance
Trupanion Lashes Nationwide Nonrenewals, But Silent On Own Stance
No answer from new Trup CEO: Can you assure every Trupanion policyholder and veterinarian today as CEO that Trupanion will never cancel or non-renew a policy other than for reason of nonpayment, fraud, or cancellation on the owner’s part?
“Can you assure every Trupanion policyholder and veterinarian today as CEO that Trupanion will never cancel or non-renew a policy other than for reason of nonpayment, fraud, or cancellation on the owner’s part?”
We have yet to receive a reply.
Given Ms. Tooth’s statements about Trupanion’s reliable, long-lasting policy in contrast to Nationwide’s, asking Ms. Tooth to respond, “yes” or “no” unequivocally whether Trupanion would ever take the action of Nationwide against Trupanion policyholders for reasons other than nonpayment, fraud, or cancellation on the owner’s part seemed like a softball question Trupanion should have happily and easily answered.
Nationwide Now Axing Pet Insurance Policyholders Everywhere.
As many as 300,000 pet owners are losing their pet insurance policies with Nationwide, including coverage of pre-existing conditions, by one former exec's estimate.
Asked about the non-renewal letters, Birny Birnbaum, NAIC veteran consumer advocate who recently retired said, “Any regulator worth their salt would stop this action…”