Insurtech Root's 3Q2020

$152,542: Unpacking Insurtech Root’s 3Q2020 Earnings

Insurtech Root Insurance just held its first earnings call as a publicly-traded company. Investors don’t seem too pleased with the results. The stock was down nearly 10% in after-hours trading (8:15PM). Adding insult to injury, the Oregon Department of Consumer and Business Services today levied civil penalties against Root and Allstate Insurance for canceling policies violating state COVID-19 emergency orders. […]

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