InsurTech Root Plans to Raise Up to $604M in IPO

Automobile insurance startup Root Inc said on Tuesday it plans to raise as much as $604.1 million in its initial public offering on the Nasdaq, the latest in a line of insurers looking to tap the ...

Lemonade Raises IPO Price Range

SoftBank Group Corp-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking to raise up to $308 million at a market capitalization ...