Last night, Root filed to go public, adding a second name to the insurtech IPO rolls in 2020. Lemonade was first out the gate this summer, taking its rental and home insurance business public at an ...

This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO.

Root Insurance (NASDAQ:ROOT) stock IPO received a frosty reception this week. Shares of the car insurance company opened below its $27 offer price, settling at a 10% discount by the end of the trading ...

Much like Lemonade (NYSE:LMND), which I discussed last month, Root Insurance offers a new angle on insurance. Indeed, this up-and-coming company has the potential to modernize and thereby disrupt the ...