"Most pet owners believe pet insurance and wellness plans are the same thing. However, what they cover for your pet differs dramatically," according to the pet insurance carrier Trupanion™. (Photo:  isavira/Adobe Stock) "Most pet owners believe pet insurance and wellness plans are the same thing. However, what they cover for your pet differs dramatically," according to the pet insurance carrier Trupanion™. (Photo:  isavira/Adobe Stock)

Pet insurance may represent a relatively small piece of the annual premium pie in the property and casualty insurance business, but this roughly $2.6 billion market is significant enough to get the attention of state insurance regulators.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].