Trisura received approval in North Dakota for a 46.2% rate increase on its pet insurance program, affecting 19 policyholders and approximately $11,524 in written premium. The filing became effective on June 3, 2026, for both new and renewal business.

The insurer originally sought changes based on an indicated need of 56.6%, with individual policy impacts ranging from 40% to 61%. The filing marks the first rate revision for the program since its August 2023 launch.

Regulators challenged several aspects of Trisura’s actuarial support, including its use of competitor filings to determine premium trends, the selection of a 75% expected loss ratio, and a commission load that appeared significantly higher than in prior years.

In response, Trisura said its pet insurance program remains relatively new, with just over five accident quarters of experience, leaving its own data insufficient to produce credible trend estimates. The company revised its assumptions during the review process, ultimately adopting a 0% premium trend and a 10% loss trend, while lowering its expected loss ratio assumption to 66% at the regulator’s request.

The filing also sheds light on Odie’s distribution network through its “Strategic/Partner” discount program. Listed partners include Pawp, Cover Genius, World Insurance, NFP, Prudential Insurance, Insurity, Vertical Insure, Nibbles Insurance, Wishbone Insurance, and PetRx Insurance. Additional employer-affinity partnerships include Walmart, Travelers, Willis Insurance, Pet Assure, and Pawp Insurance, among others.

The filing also notes that veterinary services inflation, as measured by the Consumer Price Index for veterinary care, was used to support the company’s loss trend assumptions.

The North Dakota program is administered by Odie and offers accident-and-illness coverage for dogs and cats, along with optional wellness benefits and several affinity and employer discounts.