{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035963","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.459250+00:00","generated_at":"2026-06-09T03:02:56.530475+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Root Q3 net loss narrows 31% to $46M; new writings surge 376% YoY","bullets":["Gross accident period loss ratio improved to 68.0% from 79% in Q3 2022 (11-point improvement).","New writings up 141% QoQ and 376% YoY; policies in force grew 27% QoQ and 2% YoY.","Net loss improved 31% to $46M; adjusted EBITDA loss improved 58% to $19M.","Unencumbered capital at $502M; expect quota share cessions below 25% in 2024 (from >70% peak).","New pricing model boosts predictive power 17%; new telematics model improves 12%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035963","json":"https://secwatch.observer/filing/0001628280-23-035963.json","markdown":"https://secwatch.observer/filing/0001628280-23-035963.md","text":"https://secwatch.observer/filing/0001628280-23-035963.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828023035963/0001628280-23-035963-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828023035963/root-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:02:56.530475+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":"6f7292fab68f328830ba69a38282b0421a0edcb5","claim":"Root, Inc. reported the quarter ended September 30, 2023 results: net income a loss of $46 million.","evidence_excerpt":"On November 1, 2023, Root, Inc. (the \"Company\") announced its financial results for the quarter ended September 30, 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/1788882/000162828023035963/0001628280-23-035963-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Net income","value":"a loss of $46 million"},{"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"}