AXIS submitted a rate and rule filing in Maryland on March 23, 2026, updating its pet health insurance program administered through Fetch Insurance Services. The filing introduces a 10.6% overall rate increase against an indicated need of 22.7%, reflecting a moderated pricing approach.

The changes affect approximately 5,157 policyholders and $4.68 million in written premium, translating to an estimated $495,900 increase across the program.

Geographic segmentation plays a central role, with seven rating territories tied to underlying veterinary cost differences by zip code. At the same time, pricing continues to reflect medical inflation through a trend factor that can reach up to 10% annually, reinforcing the link between premiums and rising veterinary expenses.

The program also incorporates a wide range of discounts and partnerships, including affiliations with animal shelters, employers, veterinary staff, and strategic partners, though total discounts are capped at 10%. Additional fees tied to payment methods, claims processing, and administrative setup highlight the program’s operational structure, including optional “touchless claims” services and digital-first workflows.

Overall, the filing reflects a continuation of Fetch’s data-driven underwriting approach, combining moderate rate increases with increasingly segmented pricing mechanics tied to pet characteristics, geography, and coverage selection.