Trupanion Comments on Rate Filing Approval in California
TRUPTrupanion(TRUP) globenewswire.com·2024-05-17 21:00

SEATTLE, May 17, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (NASDAQ:TRUP) today provided the following update on its rate filing approval status in California. The California Department of Insurance approved a 29% rate increase, which is in addition to its previously approved 12% rate increase in June of 2023. The new rate will go into effect during late July 2024. The rising cost of veterinary care amplifies the need for Trupanion to price correctly. Given the financial impact inflation has had on veterinary ...