Root Inc. News

Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver

According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …

Root Inc. Says CFO ‘Terminated for Cause’

About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings, Chief Financial Officer Robert Bateman has been fired for violating company policies. According to a filing with the U.S. Securities …

Root Granted Restraining Order Against Former CMO it Says Stole About $10M

A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former chief marketing officer to prevent him, his companies, or associates from selling or transferring any properties or possessions Root has …

Root Sues Former CMO Over At Least $9.4M in Unauthorized Payments

Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments with a lawsuit against its former chief marketing officer. According to the suit, filed in U.S. District Court for the …

Root Investigating at Least $9.5M Unauthorized Payments by Former Employee

Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series of payments made without prior disclosure to the company’s management by a former senior marketing employee last year. The transactions …

People Moves: Patrick to VP at Root; Omaha National Promotes Aronson, Barnes; Hildebrandt to CEO at Assurex Global

Root Inc. Root Inc., the parent company of Root Insurance, has named Christine Patrick vice president, Investor Relations. Patrick comes to Root with more than 10 years of insurance-industry experience, both in investor relations and as a sell-side-analyst. Most recently, …

McPeak Joins Ohio’s Root as Sr. Deputy General Counsel

Columbus, Ohio-based Root Inc., the parent company of Root Insurance, has added Julie Mix McPeak, who formerly served as insurance commissioner in both Kentucky and Tennesse, as its senior deputy general counsel, effective on Sept. 1. McPeak was first appointed …

Reavis Named Chief People Officer at Ohio Insurtech Root

Columbus, Ohio-based Root Inc., the parent company of online insurer Root Insurance, has appointed Annette Reavis as its first chief people officer. Reavis has more than 20 years of human resource and business experience. She previously spent a decade at …