Root Inc. Narrows Q2 Net Loss to $37M, Remains Committed to Pricing Model August 3, 2023 By Chad Hemenway Insurtech Root Inc. posted a another net loss for the second quarter 2023 of about $37 million. The loss was...
Insurtech Root Says it Has No ‘Actionable’ Bid June 30, 2023 Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued...
Former Root CMO Ordered Detained for Contempt June 22, 2023 By Chad Hemenway Root Inc’s former chief marketing officer – accused in a lawsuit by the company of syphoning $10 million from it...
Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver May 26, 2023 By Chad Hemenway According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company...
Root Inc. Says CFO ‘Terminated for Cause’ March 2, 2023 By Chad Hemenway About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings,...
Root Granted Restraining Order Against Former CMO it Says Stole About $10M February 21, 2023 By Chad Hemenway A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former...
Root Sues Former CMO Over At Least $9.4M in Unauthorized Payments February 6, 2023 By Chad Hemenway Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments...
Root Investigating at Least $9.5M Unauthorized Payments by Former Employee January 10, 2023 By Elizabeth Blosfield Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series...
People Moves: Patrick to VP at Root; Omaha National Promotes Aronson, Barnes; Hildebrandt to CEO at Assurex Global May 12, 2021 Root Inc. Root Inc., the parent company of Root Insurance, has named Christine Patrick vice president, Investor Relations. Patrick comes...
McPeak Joins Ohio’s Root as Sr. Deputy General Counsel September 2, 2020 Columbus, Ohio-based Root Inc., the parent company of Root Insurance, has added Julie Mix McPeak, who formerly served as insurance...