Root achieved 15-point loss reduction in ‘seasoned’ states during H2: CEO Timm
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Root achieved 15-point loss reduction in ‘seasoned’ states during H2: CEO Timm

John Hewitt Jones
February 25, 2021
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Root recorded a 15-point loss ratio reduction in "seasoned" states where it operates, according to CEO Alex Timm.

Speaking on a fourth quarter earnings call, the executive said the carrier had observed the reduction in claims, compared with states that Root has entered more recently.

According

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