ROOT ▼ -5.4% - Root, Inc. $ROOT - Root Reduces Auto Insurance Rates by 15% in Florida, Citing Impact of Legal Reforms Root's stock declined 5.4% today following the company's announcement of a 15% rate reduction on auto insurance policies in Florida. While the rate cut reflects positive legal reforms in the state, investors likely focused on the near-term margin pressure and reduced premium revenue that such a significant price reduction would create. The move suggests Root is prioritizing market competitiveness and growth in Florida over short-term profitability. 27-AUG-2026 04:06 PM ET