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Root stock rallies overnight on record profitability — AI pricing and Carvana partnership are the growth drivers
Root’s combined ratio fell to 91.4% from 95.6%, showing better insurance pricing decisions and fewer losses from claims. ・CEO touts AI and technology as the main growth drivers. ・Partnerships with ...
Root Insurance offers customizable auto policies to drivers in 35 states and Washington, D.C. The company uses a mobile app to track the driving habits of its customers and uses this data to determine ...
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