1195933--2/26/2010--INFINITY_PROPERTY_&_CASUALTY

related topics

{loan, real, estate}

{customer, product, revenue}

{loss, insurance, financial}

{condition, economic, financial}

{financial, litigation, operation}

{system, service, information}

{personnel, key, retain}

The economic slowdown has disproportionately impacted Infinity s targeted consumers and could continue to adversely affect the Company s premium revenue and profitability. Because of the significant concentration of Infinity s business in California, Infinity s profitability may be adversely affected by negative developments in the California insurance market and economic environment. Infinity relies upon a limited number of independent agents to generate a substantial portion of its business. If Infinity is unable to retain or increase the level of business that these independent agents place with Infinity or increase the level of business generated by other agents, the Company s revenues would be negatively affected. Infinity is vulnerable to a reduction in the amount of business written through the independent agent distribution channel. Legal, regulatory and legislative challenges to established practices in the areas of underwriting, claims handling and compensation issues are continually emerging and could adversely impact Infinity s operating results or established methods of doing business. INFINITY PROPERTY AND CASUALTY CORPORATION 10-K The failure to maintain or to further develop reliable and efficient information and technology systems would be disruptive to Infinity s operations and diminish its ability to compete successfully. Profitability may be affected if Infinity fails to accurately price the risks it underwrites. The inability to recruit, develop and retain key personnel could prevent Infinity from implementing its business strategy and negatively affect future growth and profitability. Extra-contractual losses arising from bad faith claims could materially reduce Infinity s profitability. Infinity s goodwill may be at risk for impairment if actual results regarding growth and profitability vary from Infinity s estimates. INFINITY PROPERTY AND CASUALTY CORPORATION 10-K INFINITY PROPERTY AND CASUALTY CORPORATION 10-K

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1195933--2/26/2010--INFINITY_PROPERTY_&_CASUALTY_CORP