This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - November 02, 2023 04:13 PM (EDT)

Insurtech Root Narrows Third-Quarter Net Loss to $45.8 Million

Insurtech Root Inc. narrowed its net loss to $45.8 million in the third quarter from a loss of $66.4 million a year earlier as it posted material growth in new business and through its direct . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Insurtech Automobile Insurers Losses Premiums Marketing Earnings Property And Casualty Insurers

Reprints & Redistribution

Latest News

EARNINGS
Markel 4Q Net Income Drops 29.3%; Group Review To Focus on Specialty Insurance
Feb 06, 2025 04:28 PM (EST)

PEOPLE IN INSURANCE
Aon Names Head of Commercial Risk Solutions for Asia-Pacific
Feb 06, 2025 04:18 PM (EST)

TORT REFORM
Third-Party Litigation Financing Reform Bill Hits Maryland Statehouse
Feb 06, 2025 04:15 PM (EST)

LLOYDS SYNDICATES
Lloyd's Insurer Probitas Expands With New Political Violence, Accident/Health Lines
Feb 06, 2025 03:58 PM (EST)

CAPTIVE INSURERS
Connecticut Insurance Commissioner: State’s Captive Sector Grew 17% in 2024
Feb 06, 2025 03:27 PM (EST)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

CALIFORNIA
CDI: State Farm General Seeking Emergency Rate Hikes 'Raises Serious Questions' About Finances
Feb 04, 2025 11:14 AM (EST)

3

EARNINGS
Prudential Financial Reports Fourth-Quarter Net Loss on Net Realized Investment Losses
Feb 04, 2025 05:16 PM (EST)

4

PEOPLE IN INSURANCE
Allianz Exec Joins Scor as Global Head of Casualty & Environmental Impairment Liability
Feb 05, 2025 11:30 AM (EST)

5

CATASTROPHES
Ongoing Queensland Floods Declared 'Significant Event' in Australia
Feb 05, 2025 11:09 AM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

GEORGIA
Georgia Releases Details on Sweeping Tort Reform Legislative Package
Jan 30, 2025 03:48 PM (EST)

3

SPECIAL REPORT
Best’s Special Report: 2023 U.S. Property/Casualty Impairments Update Includes 13 Companies
Jan 31, 2025 01:29 PM (EST)

4

EARNINGS
Chubb CEO: Wildfires Expose California's Unsustainable Risk Approach
Jan 29, 2025 12:32 PM (EST)

5

EARNINGS
Aon CFO: $13 Billion NFP Acquisition Highlights Positive M&A Outlook
Jan 31, 2025 02:44 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

MODEL LAWS
Home Hardening Programs, Litigation Funding Transparency Among NCOIL’s New Model Laws
Jan 15, 2025 04:46 PM (EST)

3

CALIFORNIA
State Farm Incurs 6,700 Fire Claims in LA County With More Than 1.13 Million Policies
Jan 14, 2025 04:08 PM (EST)

4

CALIFORNIA
California FAIR Plan: Thousands of Policies in Fire-Razed Los Angeles, $377 Million Cash for Claims
Jan 15, 2025 04:28 PM (EST)

5

CALIFORNIA
California FAIR Plan Stabilization Bill Among Raft of Proposed Reforms as LA Wildfires Continue
Jan 10, 2025 04:00 PM (EST)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
012356	Root Insurance Company
044750	Root, Inc.

INSURTECH
Insurtech Root Expands Geographically, Says Auto Coverage Extends to 77% of US
Dec 17, 2024 04:26 PM (EST)

EARNINGS
Root Turns First Profit in Insurtech's History
Nov 01, 2024 01:01 PM (EDT)

AUTOMOBILE INSURANCE
First Connect Insurance Services and Root Insurance Partner on California Auto
Sep 06, 2024 03:36 PM (EDT)

FRAUD
Former Root Executive Sentenced to More Than Four Years for Fraud
Mar 22, 2024 12:35 PM (EDT)

EARNINGS
Root Loss Narrows to $24 Million in Fourth-Quarter 2023
Feb 21, 2024 05:41 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html