{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-015207","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.597467+00:00","generated_at":"2026-06-16T01:26:43.330680+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Root Q1 loss ratio improves to 69%; net loss narrows 47% YoY","bullets":["Gross premiums written $135M (-28% YoY); gross earned $130M (-26% YoY).","Gross accident period loss ratio improved 13 pts to 69% via pricing and segmentation.","Net loss improved 47% ($37M reduction); adjusted EBITDA up 78% ($41M reduction).","New writings grew 25% QoQ; renewal premium 79% of gross premiums earned.","Ended Q1 with $524M unencumbered capital; announced third embedded partnership."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-015207","json":"https://secwatch.observer/filing/0001628280-23-015207.json","markdown":"https://secwatch.observer/filing/0001628280-23-015207.md","text":"https://secwatch.observer/filing/0001628280-23-015207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828023015207/0001628280-23-015207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828023015207/root-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:26:43.330680+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5fe9e7643da73499525b64b9bf02e9ad4d1601b1","claim":"Root, Inc. reported financial results for quarter ended March 31, 2023.","evidence_excerpt":"On May 3, 2023, Root, Inc. (the \"Company\") announced its financial results for the quarter ended March 31, 2023 by issuing a letter to Shareholders (the \"Letter\").","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788882/000162828023015207/0001628280-23-015207-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}