Root will increase rates by at least 10% to keep ahead of loss costs: CEO Timm Kyoung-son Song November 10, 2022 Twitter LinkedIn Show more sharing options Copy Link URLCopied! Print Twitter LinkedIn Root will increase its pricing by at least 10% to remain above a 9%-10% loss cost trend, as the InsurTech grapples with pressures associated with a high inflationary environment, CEO Alex Timm said. To unlock this article Register for a free trial Already a subscriber? Login now
