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Stock impact report

Root, Inc. Announces Entry into Wisconsin

Root, Inc. (ROOT) 
Company Research Source: GlobeNewswire
COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin. Root is now available to the 4.3 million drivers in Wisconsin, making it the company’s 31st state. A fellow Midwesterner, Root was founded in Columbus, Ohio, and is thrilled to be available in more Great Lakes states. Root Insurance is founded on the power of data. The insurance innovator is committed to unbreaking an archaic industry using modern, mobile-first technology that brings a best-in-class experience to drivers. The Root app uses the technology in drivers’ smartphones to measure how they actually drive, making driving score the #1 factor in a Root car insurance quote, not discriminatory demographic factors such as age, ZIP code, or credit score. With Root, drivers are in control and able to manage everything through the app, like choosing coverages and filing a claim in minutes. “We’re fundamentally changing Show less Read more
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