A closer look at Wag!’s largest creditors
As Compare Pet Insurance Services (Petted.com) and other Wag subsidiaries enter Chapter 11 bankruptcy, court filings reveal the key creditors caught in the fallout – a few tied directly to Wag!’s pet insurance and wellness business, which accounted for over 60% of its Q1 2025 revenue.
Here’s a breakdown of the largest unsecured claims linked to an insurance entity:
| Creditor | Claim |
|---|---|
| Pets Best Pet Insurance | $2,537,820 |
| Spot Pet Insurance | $981,375 |
| NerdWallet* | $815,100 |
| HUB International | $28,311 |
It’s unclear whether NerdWallet is owed money for insurance-related activities.
What does stand out is that Pets Best and Spot Pet—both part of JAB—are collectively owed over $3.5 million. As for the lawsuit filed by 360 Reviews, LLC and U.S. News & World Report against Compare Pet Insurance Services and Alex Stone, the case remains active, with depositions set to begin by December 12, 2025, and conclude by March 12, 2026.
Finally, by the looks of things, Wag Hotels doesn’t want to be dragged into this mess.
