ROOT

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Root extends its exclusive Carvana insurance deal through at least August 2028, strengthening embedded distribution as Direct competition intensifies.

ROOT's underwriting and EBITDA improved in the first half of 2026, but slower premium growth and rising loss costs complicate its profitable growth path.

ROOT shares fell 12% in a month as premium growth slowed and loss costs rose, while profitability held up and a new pricing model targets 2027.

Root's expanding partnerships diversify distribution and support underwriting gains, but higher acquisition costs could test profitability.

COLUMBUS, Ohio, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, today announced it will participate in two upcoming investor conferences in New York City.

Extended agreement builds on success of partnership that has sold more than 200,000 policies Extended agreement builds on success of partnership that has sold more than 200,000 policies

Florida insurance reforms and regulatory environment enable Root to deliver immediate savings to drivers as litigation costs decline Florida insurance reforms and regulatory environment enable Root to deliver immediate savings to drivers as litigation costs decline

New digital integration brings real-time quotes to shoppers on The Zebra's insurance marketplace while creating a faster, more streamlined workflow for independent agents New digital integration brings real-time quotes to shoppers on The Zebra's insurance marketplace while creating a faster, more streamlined workflow for independent agents

Root's Q2 revenues and EBITDA rise as underwriting margins improve, but its premium valuation and muted analyst sentiment call for a wait-and-see approach.