Homeowners insurance rates in North Carolina are “very much a problem”

North Carolina Homeowners Insurance Rates

The commissioner in the state has openly recognized that there is an issue which must be overcome. Though the majority of people would say that they’re already paying high premiums for their homeowners insurance coverage, those in North Carolina have more to complain about than most, as the majority of property owners have seen their bills suddenly spike by a third to nearly three quarters of what it previously had been. Many people have received letters saying that if they don’t agree to these increases, they will lose their coverage.…

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Pet insurance company goes public

pet insurance claims

Trupanion Inc. has now started trading on the New York Stock Exchange and is off to a strong start. At a time in which pet insurance is truly beginning to take off throughout Europe – though not yet as much in the United States – an insurer has now gone public in the U.S., and its initial successes appear to reflect the opinion of investors that Americans are ready to start purchasing coverage for their dogs and cats in considerably larger numbers. At the moment, only about 2 percent of…

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Pet insurance is offered by a growing number of companies

pet insurance

Though traditionally a very small market, as the popularity of these products take off, insurers are taking notice. When it comes to pet insurance, companies are now starting to see a far greater opportunity than was ever available before, as owners start to consider animals as furry family members instead of a beast that is somewhat disposable. The importance of these animals – especially dogs and cats – has lead to massive advancements in veterinary medicine. While the evolution of veterinary medicine has made it possible to provide these animals…

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Pet insurance legislation changes moving forward in California

pet insurance

The State Legislature has the power to put a new set of regulatory requirements into place. The pet insurance industry is growing nearly as fast as the animal companion market, itself, and it is now getting ready to face a range of new regulatory requirements in the case the legislation in front of the California State Legislature should move ahead. The new bill being considered was sponsored by Insurance Commissioner Dave Jones. AB 2056 would work to improve consumer protection by way of “bringing uniformity to policy language and disclosures,…

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Pet insurance company, Trupanion, is gearing up for an IPO

pet insurance policies company

The provider has now filed with the U.S. Securities and Exchange Commission for an offering of up to $75 million. Trupanion Inc., the large American pet insurance company, has recently announced that it is planning an initial public offering (IPO) on the New York Stock Exchange, and has now made its filing. This insurance company will be listed on the exchange under the “TRUP” symbol. The intention of the pet insurance provider is to raise up to $75 million for its IPO. That said, that figure is not set in…

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Pet insurance claims seem to be getting weirder

Pet Insurance

The Pets Best insurer has released another annual list of strange claims for the summer months. A leading nationwide pet insurance company has now released its annual list of the most bizarre claims that have been filed with the provider throughout the summer months, to draw attention to the importance of being careful to protect animals from the unique risks that are presented throughout the hottest parts of the year, and to the difference that coverage can make. The Pets Best Insurance Services, LLC list of bizarre claims has now…

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National Pet Month teaches owners smarter insurance coverage

pet insurance

National Pet Month is a celebration of the joy that cats, dogs, birds, fish, and other animals bring to our lives. May is National Pet Month in the United States and as it is a great time to pause and remember the value that our animal companions bring to our lives, it is also a good time to consider pet insurance and other aspects of care that can help to improve the quality of their lives. Owners are reminded to think about their fuzzy, finned, and feathered friends in a…

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Pet insurance company names winner of “most unusual claim” contest

Pet Insurance cat

A cat in Middletown, Delaware named Lewes was given this month’s title. A two year old cat named Lewes, who is owned by the Racelis family in Middletown, Delaware has now earned a rather unique form of recognition, as his pet insurance company named his circumstance as having the “Most Unusual Claim of the Month” after he was required to undergo an emergency surgery in order to extract a foam dart out of his small intestine. The insurer hands the title out to the oddest claim that is made each…

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Pet insurance is helping more pets survive cancer

pet insurance

According to Aquarium, a software provider for insurers, coverage is contributing to animal survival. According to pet insurance software company, Aquarium, companion animals such as cats and dogs are surviving cancer at a notably higher rate because of the treatments that their owners can afford through their coverage. This has created a direct link between animal health coverage and their cancer survival rate. For the majority of animal owners who do not have coverage, being able to afford cancer treatment for their beloved furry friends would be cost prohibitive. However,…

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Holiday pet insurance survey reveals spending explosion

holiday Pet Insurance

Petplan has released the results of its research, which have shown that furry friends celebrate Christmas, too. According to the results of a holiday pet insurance survey that was conducted by Petplan, the majority of animal companion owners would be buying gifts and other Christmas related products for their beloved fuzzy friends to make sure that they aren’t left out of the season’s celebrations. The survey included the participation of 5,385 people who owned cats, dogs, and other animals. What this holiday pet insurance research revealed was that the average…

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