Root

“We're certainly not banking on inflation abating at this moment in time,” Alex Timm told analysts.

The Inside P&C news team runs you through the earnings results for the day.

On the surface, InsurTech results were better than the noise from incumbents, but caution is needed to ascertain the quality of new business coming in during a time when even industry leaders stumble.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

In the quarter, Root saw its auto policies in force shrink 31.5% to 203,840, though they were up slightly from 199,685 policies in Q1 2023.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The Inside P&C news team runs you through the earnings results for the day.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The announcement follows reports that Root has filed a lawsuit against Embedded related to the violation of a non-disclosure agreement.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The suit is related to the violation of a non-disclosure agreement between the parties.

“Tomorrow will be a better day.” “Next year will be a better year.” “The coming decade will be when this industry realizes its true potential.” We hear the same for most public enterprises.