California to require clarity in pet health insurance policies
News from VIN News Service:

Regulations & Legislation

A bill regulating the pet health insurance industry has all but passed in California, with some predicting it could reach Gov. Jerry Brown’s desk by next week.

Once signed into law, AB 2056 will create the first regulations specifically designed to protect pet insurance consumers in the United States.

Senators voted in favor of AB 2056 on Monday. The bill, passed by the Assembly in May, responds to consumers who say they were wrongly denied coverage for their pet’s care or their policies paid less than expected for medical treatments.

With the governor’s signature, AB 2056 requires policies sold in California to contain clear language explaining coverage limits including coinsurance, waiting periods, deductibles and annual or lifetime policy limits. The policies also must allow consumers to return them for a full refun…………… continues on VIN News Service

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