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Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress

Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company's ....

United States , Alex Timm , Topicsprofit Lossinsurtechtech , Insurtech Root Inc , Insurtech Root ,

Auto insurance rate hikes show no signs of hitting the brakes

Drivers continued to be hit in the wallet when it comes to auto insurance with rates up 20.6% over the past year, according to the federal data. ....

United States , Alex Timm , Brian Oconnell , Kirt Walker , Federal Reserve , Briano Connell , Auto Insurance , Inflation Rate , Briano Connell ,

Insurtech Root Inc. Results Improve but Remain at a Net Loss

Insurtech Root Inc. posted a net loss for the fourth quarter 2023 of $24 million and a net loss for the year of $147.4 million. Results were improvements ....

United States , Topicsprofit Lossinsurtechtech , Alex Timm , Insurtech Root Inc , Insurtech Root ,

Root, Inc. (NASDAQ:ROOT) Q4 2023 Earnings Call Transcript

Root, Inc. (NASDAQ:ROOT) Q4 2023 Earnings Call Transcript February 21, 2024 Root, Inc. beats earnings expectations. Reported EPS is $-1.64, expectations were $-2.49. ROOT isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon and welcome to the Root, Inc. […] ....

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