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The ex-chief marketing officer for Root Inc. pled guilty in Ohio federal court Tuesday to wire fraud and contempt after he embezzled more than $10.2 million from the insurance company during the single year he worked there, spending the money on luxury vehicles and plastic surgery, according to the U.S. Department of Justice.
COLUMBUS, Ohio (WCMH) – A former executive with a Columbus-based insurance company pleaded guilty to embezzling more than $10.2 million and spending the money on a yacht, plastic surgery, and other luxuries. Brinson Caleb Silver, 43, of Culver City, California, pleaded guilty to one count of wire fraud and one count of contempt of court […]
The nearly year-long saga involving Root Inc. and its former chief marketing officer continues – with him in county jail. Brinson Caleb "BC" Silver,
Operator: Good morning. My name is Chris, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Root Inc. Q3 2023 Earnings Conference Call.
Allstate and Allianz have made a $265 million strategic equity investment in small business-focused insuretech startup Next Insurance.