{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-008125","form_type":"8-K","ticker":"ROOT","cik":"0001788882","company_name":"Root, Inc.","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.871945+00:00","generated_at":"2026-05-26T03:47:18.232149+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 reports first profitable year with FY 2024 net income of $31M; gross combined ratio 94.7%","bullets":["FY 2024 net income $31M (vs. loss $147M in 2023); adjusted EBITDA $112M.","Gross premiums written $1.3B (+66% YoY); policies in force up 21% to 414,862.","Gross combined ratio improved 22 pts to 94.7%; gross loss ratio 58.9%.","Q4 net income $22M (vs. loss $24M Q4 2023); adjusted EBITDA $43M.","Debt refinance in Oct 2024 expected to cut interest expense ~50% on run-rate basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-008125","json":"https://secwatch.observer/filing/0001628280-25-008125.json","markdown":"https://secwatch.observer/filing/0001628280-25-008125.md","text":"https://secwatch.observer/filing/0001628280-25-008125.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788882/000162828025008125/0001628280-25-008125-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788882/000162828025008125/root-20250226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T03:47:18.232149+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"}