I would like to show that for positive integers $a>b,c$ all greater than 1 such that $c\nmid a$, there are no solutions to the following equation:
$$a^2+1=b^2(c^2+1)$$
As was pointed out in the comments, it might help to rearrange and factor:
$$(a-b)(a+b)=(bc+1)(bc-1)$$
Another interesting approach to the question, if we rewrite:
$$a^2-b^2c^2=b^2-1$$
Then we are trying to argue that $b^2-1$ cannot be squarefree (in particular, $c^2|b^2-1$)
The conjecture is true. Fix $c$. The equation is equivalent to $$ a^2 - (c^2+1) b^2 = -1 $$ which is a "Pell equation", or in modern terminology the condition for $u = a + b \sqrt{c^2+1}$ to be a unit of norm $-1$ in ${\bf Z}[\sqrt{c^2+1}]$. By inspection we find a unit $\epsilon = c + \sqrt{c^2+1}$ of norm $-1$ (corresponding to the easy solution $(a,b)=(1,c)$). This unit is fundamental because the coefficient of $\sqrt{c^2+1}$ in $\epsilon$ is $1$, which is as small as a positive integer can get. Hence every unit has the form $u = \epsilon^n$ for some odd integer $n$, and the units with $b>0$ are those for which the exponent $n$ is positive.
In the binomial expansion of $\epsilon^n = (c + \sqrt{c^2+1})^n$ the terms that contribute to $a$ are ${n \choose 2m} c^{n-2m} (c^2+1)^m$ for $0 \leq m < n/2$. Each of those is clearly divisible by $c$, so $c\,|\,a$ as claimed.
This also confirms Will Jagy's belief that his "doubly infinite sequence" gives all solutions: his solutions indexed $0,1,2,3,\ldots$ correspond to $\epsilon, \epsilon^3, \epsilon^5, \epsilon^7$ etc.