Pet insurance bill in California could provide industry with regulation

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A new bill in front of the legislature in the state would help to tell customers exactly what coverage they have. Should a new bill that is currently before the California legislature pass, it will mean that pet insurance companies will be required to provide greater disclosure to their customers regarding what precisely will be covered by the policies that they have sold. This type of insurance policy is becoming increasingly popular but there has yet to be an industry coverage standard. Many dog and cat owners are finding that…

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

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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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National Pet Month teaches owners smarter insurance coverage

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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 is helping more pets survive cancer

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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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Pet insurance company expands annual veterinary awards

Pet Insurance

Petplan has announced that it is now receiving nominations and that it has added an additional category. Millions of people who have cats, dogs, and other animals as a part of their families know the importance of finding the best veterinarian – along with an incredible support team – and one pet insurance company is continuing its annual veterinary awards this year in order to recognize those outstanding individuals. These awards honor not only the best veterinarians, but also the professionals who provide the rest of the care and support.…

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Pet insurance remains unpopular despite rising vet costs

Pet Insurance

The expense associated with companion animals health care is growing, but many owners don’t buy coverage. It wasn’t very long ago that veterinary costs were quite affordable and pet insurance was relatively unnecessary, as the health care that was provided to animals was relatively limited and somewhat low-tech. Times have rapidly been changing and the cost of providing health care to animals has been skyrocketing. As a growing number of people consider their animal companions to be nothing less than furry family members and expect them to be able to…

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Pet insurance is among the most popular American worker benefits

Pet Insurance

A growing number of businesses are now subsidizing and discounting the cost of the coverage for their employees. The trend for companies to offer their workers pet insurance as a part of their benefits packages is a growing one, as people increasingly feel that their animal companions are members of the family. Businesses across the country are working to make themselves more attractive to talented workers. One in three Fortune 500 companies offers plans from Veterinary Pet Insurance (VPI), the oldest and largest animal health insurer in the United States.…

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Pet insurance for elderly dogs proves to have challenges

Pet Insurance

As animals start to age, premiums for these policies can start to rise, but the coverage may still be worthwhile. As a growing number of animal owners are buying pet insurance to help to cover the cost associated with veterinary care, many are discovering that premiums rise quite substantially as that beloved pooch ages and are taking the risk of cutting off their coverage at precisely the time that it is most likely to pay off. Though the premiums do increase many owners are now finding themselves faced with an…

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Pet insurance is among the most rapidly growing benefits for workers

Pet Insurance

New research is revealing that this is one of the latest and most popular added perks offered to employees. Along with the strengthening of the American economy comes a boost to the benefits packages that employers are offering their workers, and among the most rapidly growing trends at the moment is the inclusion of pet insurance in the mix. This is a leading voluntary benefit in terms of growth and the trend doesn’t appear to be slowing. Among Fortune 500 companies, one in every three is currently offering pet insurance…

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Pet insurance company Pethealth to acquire parts of PurinaCare’s assets

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  Some of the latter company’s coverage operations have been purchased through this agreement. Pethealth Inc. has just announced that its PTZ Insurance agency subsidiary has now entered into an acquisition agreement with Nestle Purina Claims Processing, Inc. and its PurinaCare services in order to purchase some of its pet insurance operations. The acquisition covers the Purinacare Insurance Services, Inc. operations in terms of certain operations. Those operations are specific to the administration of the pet insurance program at Purina, and the ownership of the rights to the renewals of…

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