"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.

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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].