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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