Latest Pet Insurance Headlines

All the headlines from our Pet Insurance Topic Page, ordered by recency.

Pet Insurance Outshines Travel, Other Inland Marine Coverages Cut by COVID: AM Best

Apr 23 2021 // The U.S. inland marine insurance segment experienced a “significant downturn in profitability” in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, according to...

Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves

Apr 5 2021 // U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not well.A National...

Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves

Mar 26 2021 // U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that insurers rarely pay up when their furry friends are not well.A National...

Home, Pet Insurer Lemonade Bypasses Auto in Favor of Life… for Now

Nov 13 2020 // Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report this week.During an investor conference...

Progressive Enters Voluntary Market with Expanded Pet Health Insurance Product

Aug 17 2020 // Progressive will enter the voluntary benefits market through a relationship with Pets Best, which is part of Care Credit, a Synchrony product.Progressive Pet Insurance by Pets Best will be available to all U.S. companies...

4Q Earnings Briefs: Trupanion, United Fire, FNF

Feb 19 2020 // Trupanion Inc. (TRUP) reported fourth-quarter net income of $636,000, after reporting a loss in the same period a year earlier. The Seattle-based company said it had profit of 2 cents per share.The results surpassed Wall...

Insurtech Lemonade Prepares to Unleash a Pet Insurance Product

Feb 7 2020 // Insurtech carrier Lemonade plans to debut pet insurance later this year.Lemonade says it hopes to launch the pet insurance product within a few months, pending regulatory approval. It has opened its site to early...

Washington Commissioner Orders Pet Insurers to Repay $4.7M to Consumers

Jan 21 2020 // Washington Insurance Commissioner Mike Kreidler issued a fine of $950,000 against ACE American Insurance Co. and Indemnity Insurance Co. of North America for reportedly overcharging 18,000 Washington consumers for nearly...

MetLife to Enter Pet Insurance Market with Acquisition of PetFirst Program

Dec 5 2019 // MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and...

Nationwide Names Sirota as Chief Pet Officer

Nov 14 2019 // Nationwide’s pet insurance operation has new top dog.Heidi Sirota has been named chief pet officer for Nationwide’s pet health insurance unit. In her new role, Sirota will oversee all aspects of Nationwide pet...

Crum & Forster Pet Insurance Group Expands Horse Program Into 6 States

Sep 26 2019 // Crum & Forster Pet Insurance Group has expanded its stand-alone, veterinary care insurance for companion horses to include six new states: California, Colorado, Connecticut, Kentucky, Oklahoma and Texas. Policies are...

Washington Commissioner Fines Pet Insurer $25K

Apr 16 2019 // Washington Insurance Commissioner Mike Kreidler issued fines in March totaling $158,000 against insurance companies, agents and brokers for violating state insurance regulations, including one fine of $25,000 levied...

NSM Insurance Group Acquires Embrace Pet Insurance

Apr 2 2019 // Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats.No terms of the transaction were disclosed. Embrace offers an...

Crum & Forster Pet Insurance Group Launches Companion Horse Insurance

Jun 13 2017 // Crum & Forster Pet Insurance Group has launched a new product for the equine industry that provides veterinary care insurance for companion horses – typically only available for race or performance horses. Policies...

Petplan Australasia Announces Affiliation with MS Amlin

May 22 2017 // Petplan Australasia announced that MS Amlin Syndicate 2001 of Lloyd’s will become the new underwriter of its pet insurance plans in Australia – a move that is designed to enhance policyholder benefits with broader...

RSA Insurance Invests in UK Dog Care Fintech Company, Pitpatpet

Feb 1 2017 // RSA Insurance has made its first external investment in a fintech company, Pitpatpet Ltd., the Cambridge, England-based creator of the PitPat dog activity monitor and dog care intelligence data platform.PitPat attaches...

Economical Completes Purchase of Canada’s Largest Pet Insurer

Jan 4 2017 // Economical Mutual Insurance Co., the Waterloo, Ontario-based property and casualty insurance company, announced the completion of its previously announced acquisition of Western Financial Insurance Co. (WFIC) and its...

Washington Commissioner Fines Pet Insurer for Violating State Laws

Sep 6 2016 // Washington Insurance Commissioner Mike Kreidler has fined a pet insurance company $150,000 for violating state laws.Kreidler said his agency issued fines in July against American Pet Insurance, which goes under the name...

Washington Commissioner Fines Pet Insurer for Violating State Laws

Aug 16 2016 // Washington Insurance Commissioner Mike Kreidler has fined a pet insurance company $150,000 for violating state laws.Kreidler sayid his agency issued fines in July against American Pet Insurance, which goes under the name...

Economical to Buy Largest Canada Pet Insurer, Western Financial Insurance Co.

May 18 2016 // Economical Mutual Insurance Co., the Waterloo, Ontario-based property and casualty insurance company, announced plans to acquire Desjardins Group’s pet insurance business, Western Financial Insurance Co. (WFIC) and...