{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-044306","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.636919+00:00","generated_at":"2026-05-30T08:26:47.662832+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Root posts first-ever net income of $23M in Q3; refinances debt with BlackRock","bullets":["Net income of $23M vs loss of $46M YoY; adjusted EBITDA of $42M.","Gross premiums written up 48% to $332M; policies in force up 57% to 407,313.","Gross combined ratio improved 30 pts to 89.2%; net combined ratio improved 52 pts to 91.1%.","Refinanced term loan to $200M at SOFR+600bps (down 300bps+); expects ~50% lower interest.","Expects ~$5.5M Q4 charge from unamortized debt costs tied to loan extinguishment."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-044306","json":"https://secwatch.observer/filing/0001628280-24-044306.json","markdown":"https://secwatch.observer/filing/0001628280-24-044306.md","text":"https://secwatch.observer/filing/0001628280-24-044306.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024044306/0001628280-24-044306-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828024044306/root-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:26:47.662832+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}