The company hired a firm to help with the process.

The agreement provides for upfront and contingent consideration payments totaling $1.3 billion.

Kin Interinsurance Network reported $392 million in written premiums for the first nine months.

The carrier reported a net underwriting loss of $14 million.

The carrier reported $8.6 million in written premiums.

Coverage is currently available in 20 states.

The insurer ended the month with a combined ratio of 89.7% and net income of $846 million.

The company has released the third quarter results for its three licensed carriers. 

Coverage is now available in 20 states.

As of September 30, 2025, Root had unencumbered capital of $309. 

In-force premium was $1.15 billion, an increase of 30% compared to the same period last year.

Premiums written increased $563 million in the third quarter.

Year-to-date, Progressive’s net income stands at $8.35 billion and combined ratio sits at 87.3%.

Ethos publicly disclosed $414 million in funding and it was last valued at $2.7 billion.