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Jul 23 2026 // Technology-driven insurer Root has launched its behavior-based car insurance in New Jersey, marking its 37th state.Using mobile telematics, Root calculates its rates primarily on actual driving performance, such as focused...
May 7 2026 // Root Inc. reported a first quarter 2026 net income of $35.9 million—the best quarterly result in the company’s history—compared with net income of $18.4 million for the same period in 2025.In a letter to...
May 1 2026 // Insurtech car insurance provider Root said it has started a 24-hour agent appointment program to allow independent insurance agents to complete onboarding and begin selling policies in as little as one day.Root Insurance...
Feb 26 2026 // Root Inc. reported a fourth quarter 2025 net income of $5.3 million compared with net income of $22.1 million for the same period in 2024 but ended the year with record net income of $40.3 million, a 30% jump compared with...
Nov 6 2025 // Root Inc. reported a third quarter 2025 net income loss of $5.4 million after landing in the positive with $22.8 million in profit a year ago.Alex Timm, the Columbus, Ohio-based company’s CEO, said in a letter to...
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