1 Root shares keep falling despite reverse split; United Insurance up
- Author: spglobal.com
- Published Date: 06/14/2022
- Review: 4.83 (673 vote)
- Summary: · Root Inc. underwent a reverse stock split that took effect Aug. 15, but the move has seemingly done little to quell the company’s steady
- Matching search results: Hippo plans to hold a special meeting Aug. 31 to discuss a reverse stock split that would be in the range of 1-for-20 to 1-for-30. GoHealth has not revealed many specifics around its intent to complete a similar move. SelectQuote Inc. is also on …
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2 Root layoffs – part of a broader claims and company revamp
- Author: insurancebusinessmag.com
- Published Date: 08/14/2022
- Review: 4.59 (246 vote)
- Summary: · Root Insurance is targeting its claims and sales departments as part of an … The layoffs follow news earlier in January that Root would
- Matching search results: “Given the market’s current reaction to insurtechs and the lack of understanding of each unique model and opportunity, the commensurate valuation is prompting some under-capitalized insurtechs to be prudent to preserve cash during the turbulent time …
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3 Root (NASDAQ:ROOT shareholders incur further losses as stock declines 18% this week, taking one-year losses to 89%
- Author: simplywall.st
- Published Date: 12/18/2021
- Review: 4.4 (387 vote)
- Summary: · Root, Inc. provides insurance products and services in the United States. … The Snowflake is a visual investment summary with the score of each
- Matching search results: We doubt Root shareholders are happy with the loss of 89% over twelve months. That falls short of the market, which lost 20%. That’s disappointing, but it’s worth keeping in mind that the market-wide selling wouldn’t have helped. With the stock …
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4 Root Insurance Study Reveals America’s Blind Spots behind the Wheel
- Author: businesswire.com
- Published Date: 12/03/2021
- Review: 4.35 (583 vote)
- Summary: · COLUMBUS, Ohio–(BUSINESS WIRE)–Root Insurance, the nation’s only auto insurance company to discount insurance rates for drivers who avoid
- Matching search results: COLUMBUS, Ohio-(BUSINESS WIRE)-Root Insurance, the nation’s only auto insurance company to discount insurance rates for drivers who avoid using their phones behind the wheel, today launched the results of their second annual distracted driving …
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5 Inside in Full: Root: A business (still) in crisis and a tough road ahead
- Author: slipcase.com
- Published Date: 02/01/2022
- Review: 4.06 (497 vote)
- Summary: This explains Root’s sky-high loss ratios and its weak customer retention (a … “an arrangement commonly used by insurance carriers that write business in
- Matching search results: Second, the equity market backdrop has become increasingly unfavorable with fears of multiple interest rate rises leading to a growth-to-value rotation that has pushed the Nasdaq into correction territory, and particularly heavily punished tech …
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6 Root Insurance: Spiral Of Death But There Is Hope
- Author: seekingalpha.com
- Published Date: 06/14/2022
- Review: 3.98 (384 vote)
- Summary: · Root has reported declining premiums for the second quarter of 2022 and the company is burning a lot of cash. The good news is they have a huge
- Matching search results: Its platform uses telematics to track and personalize insurance to each individual driver. The company’s technology has collected over 10 billion miles of driving data and dive deep into granular metrics, such as how fast you drive and even how …
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