Root

Pressure on Root cools following stock price dips, but persistent short interest in InsurTechs suggests that prices haven’t bottomed out yet.

Ida soaks the tri-state – and has the potential to affect personal auto carriers more than comparable storms of the past.

The Inside P&C Select Index outperformed the S&P 500 (5.7% to 2.9%) in August, despite Hurricane Ida making landfall.

Pressure on the InsurTechs – specifically Root and Lemonade – is intensifying.

The deal follows a similar partnership agreed last week by the program carrier and Hippo.

What's next for the firm after posting poor results and cutting guidance?

The InsurTech has revised its guidance and plans to shrink its book in Q4.

InsurTech short interest dwarfs legacy insurers as they come under pressure to produce profits.

Changes in short interest were muted despite large stock moves, including big rises at HCI and Lemonade.

The Inside P&C Research team looks at what subsectors the new class of InsurTechs is targeting.

Auto InsurTech Root said on Tuesday that the company completed its catastrophe reinsurance program renewal at June 1 using Tremor’s auction-based tech platform Panorama.

Personal auto carriers lowered rates in response to 2020’s loss cost trends, but chasing market share now could be a mistake.