“But for its stock valuation and ~$650mn to $750mn in new cash proceeds, Root seems in every way like a business in crisis based on its fundamentals,” Inside P&C’s Research team wrote in November 2020, just after its triumphant...
Root: A business (still) in crisis and a tough road ahead
![Root logo Ohio.jpg](https://assets.euromoneydigital.com/dims4/default/3eee10c/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fb3%2F27%2F13c9ee2f41449d00a40c47a6b93a%2Froot-logo-ohio.jpg)