Trupanion drops after Pumpkin launches pet insurance plans through Zoetis - InvestingChannel

Trupanion drops after Pumpkin launches pet insurance plans through Zoetis

Pumpkin Insurance Services, a new pet insurance agency and pet care company, announced the launch of its new insurance and optional monthly preventive care plans for pet owners in the U.S. Launched by Zoetis (ZTS), Pumpkin is now available to consumers in many states. For dogs, insurance is $15.95 per month and includes reimbursement for the costs of one annual wellness exam fee and two vaccines administered at such annual visit. It also provides a 12-month supply of Zoetis’ Simparica Trio. For cats, insurance is $10.95 per month and includes reimbursement for the costs of one annual wellness exam fee and one vaccine typically administered at such annual visit. It also provides a 12-month supply of Zoetis’ topical 6-in-1 parasite preventive, Revolution Plus. Following the news, shares of Trupanion (TRUP) are down 5% to $32.00 in premarket trading. Trupanion is a provider of medical insurance for cats and dogs throughout the United States and Canada.