A little more than a month since going public, Root on Tuesday reported that third-quarter losses narrowed. The insurtech also revealed that it bought a shell insurance company that will allow it to sell personal auto policies in 48 states. (ROOT) (ticker: ROOT) posted Q3 losses of $85.2 million for the time period ended Sept. 30 compared to $100.2 million for the same quarter in 2019.
Tennessee dismissed outside linebacker Kivon Bennett from the football team on Tuesday, hours after he was arrested during a traffic stop. “There is a standard our student-athletes are expected to uphold at Tennessee, and today’s incident fell well short of that standard,” coach Jeremy Pruitt said in a statement. Bennett was stopped Tuesday around 11:21 a.m. by campus police, who clocked him driving 59 mph in a 45-mph zone.
The 193-member U.N. General Assembly urged all countries to designate seafarers and other marine personnel as key workers on Tuesday after travel restrictions to combat the spread of COVID-19 have left hundreds of thousands stranded at sea for months. A unanimously adopted resolution encouraged governments to ensure safe ship crew changes and travel, allowing stranded seafarers to be repatriated and others to join ships. "In this crisis, we need to show our attention, commitment and support to these invisible heroes, who are working under difficult and challenging circumstances," Indonesia's U.N. Ambassador Dian Triansyah Djani told the General Assembly.