Live Insurance News

Pet insurance companies remind animal owners to avoid a scary Halloween

October 31, 2014October 28, 2014 Julie Campbell

While tonight is a great time for fun frights, it is also important to keep dogs and cats safe. Halloween is a very fun time of year, filled with the best of our scary sides, but at the same time, many pet insurance companies have reported that it is among the most dangerous days for animals such as dogs and cats. There are many different hazards to the health of animals on Halloween, so take care to be pet friendly. According to the National Retail Foundation, there was $330 million…

Pet insurance in California now involves new disclosure rules

October 9, 2014October 7, 2014 H. Cutner

A new law within the state obliges insurers to explain their policy coverage very clearly to animal owners. California has now become the first state in the country to create regulations with regards to disclosure within the pet insurance industry, which is primarily unregulated up until this point. The bill was recently signed into law to ensure that consumers will know the coverage that they are buying. Governor Jerry Brown recently signed bill AB2056, making it into a law that states that pet insurance companies must provide animal owners with…

Pet insurance partnership begins between Petplan and AARP

September 16, 2014September 13, 2014 Julie Campbell

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…

Pet insurance is taking off in the United States

August 22, 2014August 19, 2014 Julie Campbell

At the same time that people are buying their own health plans, they are also looking into coverage for their animals. Although the health care reform has been in the headlines over the last little while, there has been a broader trend that has been affecting members of the family who don’t happen to be human, as pet insurance has been expanding across the United States. Pet health insurance is growing among individuals as well as among employers who want to attract talent with more benefits. There are a number…

Pet insurance bill in California could provide industry with regulation

August 6, 2014August 4, 2014 Julie Campbell

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…

Pet insurance company goes public

July 24, 2014July 22, 2014 Julie Campbell

Things to consider when searching for pet insurance

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…

Pet insurance is offered by a growing number of companies

July 18, 2014July 15, 2014 Julie Campbell

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…