Root Grew Q2 Premiums but Net Losses Soared; Stock Price Drops Nearly 20%

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Carrier Management - Aug 12, 2021

Root Grew Q2 Premiums but Net Losses Soared; Stock Price Drops Nearly 20% Root continues to make steady traction growing its premium volume, benefiting in part from rate hikes and new initiatives. But the Ohio-based digital auto insurer saw its loss ratio spike in the 2021 ......

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