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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Pet insurance premiums are spiking in the UK
Some dog and cat owners are discovering that the health coverage for their animals is rising fast. Many of the cat and dog owners in the United Kingdom are facing an unpleasant discovery when they renew their pet insurance policies, as they are discovering that the coverage is becoming much more costly. Some animal owners have experienced premium hikes of over 40 percent. At that rate of increase, the premiums are rising at approximately 15 times the rate of inflation. This is forcing many to have to make a difficult…
Read MorePet insurance company names new VP of Veterinary Channel Development
Petplan has just announced the naming of Steve Shell into this position. Petplan pet insurance has just revealed that it has named Steve Shell to the position of vice president of Veterinary Channel Development. Shell has over thirty years of experience within the industry of animal health in the United States. The top rated pet insurance company, as well as one of the most rapidly growing in the United States has recognized his experience and success at Invervet/Schering-Plough, Pfizer Animal Health, and Merck Animal Health, and took care to identify…
Read MorePet insurance companies warn about holiday hazards
Many holiday treats and decorations are highly toxic to dogs, cats, and other animals. At this festive time of year when sweet treats are shared and holiday decorations are hung throughout the house, pet insurance companies are cautioning animal owners to take care and avoid exposing their beloved animals to poisons and other dangers that these items can present. Even seemingly harmless cookies or Christmas tree ornaments could create a life or death scenario. For example, pet insurance companies are cautioning owners that many dogs love the smell of chocolate…
Read MorePet insurance report shows large growth in U.S. market
Over the last five years, the sector has expanded despite the economic downturn. IBISWorld has now released its latest U.S. Industry Market Research Report, which provides details as to the progress of the pet insurance sector over the last five years. What it has indicated is that there has been notable growth among insurers and consumers. Over the last five years, according to the report, the pet insurance industry grew very rapidly, continuing its expansion regardless of the direction of the economy as a whole. It is a clear reflection…
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