State Farm pet insurance launched for dogs and cats through Trupanion

State Farm Pet Insurance - Dog and Cat

The coverage will protect animal owners against many veterinary costs for their furry family members. State Farm pet insurance has been launched through a partnership with Trupanion to provide animal owners with the opportunity to purchase medical coverage for their fuzzy friends. Dogs and cats are regularly considered to be non-human family members, but veterinary care is expensive. As Americans become increasingly attached to their pets, the world of veterinary medicine has skyrocketed forward. Animal owners demand the type of medical care they would otherwise expect for their human family…

Read More

No growth in pet health insurance claims for respiratory issues

Pet health insurance - Dog and Cat

Trupanion has been monitoring the nature of claims for cats and dogs through the pandemic. Trupanion, the pet health insurance company based in Seattle, has stated that it is monitoring the types of claims it is receiving. As of yet, it has not noticed an increase in claims relating to respiratory issues in cats and dogs. The insurer has been watching for changes in claims of that nature since the start of the pandemic. Back in March, the company released a statement that there were “no unusual increases or changes…

Read More

Trupanion pet insurance company slammed with $100k fine

Trupanion pet insurance - Gaval - Judge - Fine

The Seattle-based insurer is being sanctioned by the commissioner’s office for the third time in four years. For the third time since Insurance Commissioner Mike Kreidler took office four years ago, his office has sanctioned Trupanion pet insurance. The animal health insurance company was fined for a number of different behaviors and activities. Trupanion Managers USA, a unit of the publicly traded Trupanion pet insurance company, was fined for a number of its marketing activities. These include: • Paying an unlicensed website for pet insurance marketing and lead generation, •…

Read More

National Puppy Day reminds dog owners of the importance of pet insurance

National Puppy Day - Cute Puppy

Saturday was an ultra-cute opportunity to look at the difference these animals make in our lives. Saturday was National Puppy Day and across the country, dog owners and dog lovers took the opportunity to appreciate how important these animals are to us and the difference we can make to them, too. Increasingly dogs are seen as furry family members as opposed to being animal possessions. The last couple of decades have marked a strong difference in the way we think of our pets. They are beloved companions, but what they…

Read More

The North American pet insurance industry is finally taking off

pet insurance info

Trupanion recently released a report that showed that it has been experiencing considerable growth in revenues. Although pet insurance is carried by a small minority of dog and cat owners, the current trend has shown that the number of people who have coverage for their beloved animals is starting to grow in a very meaningful way. The market is on the rise and insurance companies are looking to take advantage of this revenue stream. In the example of Trupanion, a pet insurance company from Seattle, the 2015 first quarter earnings…

Read More

Pet insurance partnership begins between Petplan and AARP

pet insurance

The insurer has now announced a new deal with the American Association of Retired Persons. Petplan and the American Association of Retired Persons (AARP) have been in negotiations for “many years” but the pet insurance company and organization with 38 million+ members has now come to their “first exclusive” multi-year marketing deal. The pet health insurance company revealed that its strategy together will go into effect in October. According to Chris Ashton, a co-founder of the pet insurance company (the other being his wife Natasha Ashton), being able to communicate…

Read More

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…

Read More