Trupanion Stock Price, News & Analysis

Trupanion (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, has announced its upcoming second quarter 2024 earnings release and conference call. The financial results will be reported after market close on Thursday, August 8, 2024. A conference call is scheduled to begin shortly after 1:30 p.m. PT / 4:30 p.m. ET on the same day.

Investors can access a live webcast, including a slide presentation, on Trupanion's Investor Relations site. The webcast will be archived online for 3 months after the call. For those preferring audio, the conference call can be joined by dialing 1-877-300-8521 (US) or 1-412-317-6026 (International). A telephonic replay will also be available after the call, accessible by dialing 1-844-512-2921 (US) or 1-412-317-6671 (International) with the replay pin number: 10189970.

Trupanion, a leading provider of medical insurance for pets, has analyzed veterinary invoice data and revealed a rise in summer-related pet health issues, including heat stroke, dehydration, and burnt paw pads. Claims for heat stroke are 297% higher in summer, with the highest recent claim reaching $18,130. Dehydration claims increase by 19% during summer, peaking in June, with the costliest case at $9,843. Burnt paw pad claims also peak in July. Additionally, common barbeque foods pose risks of choking, gastrointestinal upset, and toxicity. Trupanion offers safety tips such as limiting pet exercise in high temps, providing access to fresh water, and securing pets during barbeques.

Trupanion (Nasdaq: TRUP), the leading provider of medical insurance for cats and dogs, has launched a new podcast series called Radio Trupanion. The podcast aims to educate pet parents using data insights from Trupanion's truInsights initiative combined with advice from esteemed veterinarians. Initial episodes will cover emergency care, pet health insurance, and feline health. The series features veterinarians like Dr. Natalie Marks and Dr. Carrie Jurney, who bring extensive experience and expertise. The podcast is available on Apple Podcasts, Spotify, and other platforms.

Trupanion, a leading provider of medical insurance for cats and dogs, has shared valuable data and insights on summer hazards for pets through its truInsights initiative.

Based on over 20 years of pet health data, Trupanion reports a significant rise in claims for foxtail-related injuries and leptospirosis during summer months. Foxtails can cause severe injuries in pets, with claims increasing by over 275% in summer. The average cost of a foxtail injury claim is $387, with the highest recorded at $13,675.

Leptospirosis, a life-threatening bacterial disease, is also more prevalent in summer. The states with the highest frequency of leptospirosis claims include New York, Illinois, and Texas. The highest leptospirosis claim was $21,610.

Trupanion advises pet owners to use protective gear, ensure pets drink clean water, and regularly inspect them for injuries to prevent these hazards.

Trupanion (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, will host its Annual Investor Day on Wednesday, September 18, 2024. This event offers shareholders and guests insight into Trupanion’s achievements, challenges, and strategic vision for the upcoming year. The management's presentation will begin shortly after 9:00 AM Pacific Time and will include an extensive Q&A session with the teams driving the company's growth strategy. Registration details are available on Trupanion's investor relations website, which will also livestream the event. Note that the event will not be available for replay.

Trupanion (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, announced the winners of its first annual Veterinary Appreciation Day Awards. Celebrated on June 18, this day recognizes the efforts of veterinary professionals.

Four winners were chosen from thousands of nominations and nearly 45,000 public votes. The awards included Veterinarian of the Year and Veterinary Professional of the Year for both the United States and Canada.

The winners were: Dr. Astrid Kramer in the U.S. and Dr. Lesley Steele in Canada for Veterinarian of the Year, and Samantha Kaiser in the U.S. and Carla Olsen in Canada for Veterinary Professional of the Year. The awards highlight the significant impact and dedication of these veterinary professionals.

Trupanion (Nasdaq: TRUP), North America's leading provider of medical insurance for cats and dogs, and Boehringer Ingelheim, a global innovator in animal disease prevention and treatment, have announced a strategic collaboration. This partnership aims to enhance pet healthcare access and disease management through shared expertise and data insights. The collaboration will include activities such as continuing veterinarian and consumer education, product extensions, promotions, and peer-reviewed publications. Trupanion's unique offerings, such as direct payments to veterinarians and unlimited lifetime payouts, align well with Boehringer's extensive veterinary network. This joint effort addresses the growing need for high-quality pet medical insurance amidst rising veterinary costs.

Trupanion's truInsights initiative reveals trends in feline health, leveraging over 20 years of pet health data. The data shows a rise in cat ownership, with 24% of U.S. households owning cats in 2023. The number of insured cats in the U.S. and Canada also increased to over 1.3 million in 2023. Despite their independent nature, cats experience significant health issues, such as renal failure, vomiting, and lymphoma. Trupanion's data reveals that the average veterinary invoice can range from $400 for a mass lesion to $600 for lymphoma. Regular veterinary visits are emphasized as important for early illness detection, even though cats are less likely than dogs to visit the vet. Popular cat names among Trupanion insured cats include Luna, Oliver, and Leo, with the Maine Coon and Ragdoll being the most common breeds. The highest cat populations are in Ontario, Canada, and California, USA.

Trupanion (Nasdaq: TRUP) announced that the California Department of Insurance has approved a 29% rate increase, effective late July 2024. This follows a 12% rate increase approved in June 2023. The rate adjustments aim to align with the rising costs of veterinary care exacerbated by inflation since 2022. Trupanion emphasizes the importance of correct pricing to support California pet owners and the veterinary community amid these financial pressures.