The pet insurance industry celebrates 30 years this April since Dr. Jack Stephens founded the first pet insurance company. In a piece released by Pets Best Insurance, Packaged Facts' market numbers for the pet insurance market are cited. According to Packaged Facts, the pet insurance market in the US is marked for continued strong annual growth, predicting the industry in North America alone will reach $881 million by 2014—an annual growth rate of 20%. |
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