1195933--2/27/2009--INFINITY_PROPERTY_&_CASUALTY

related topics

{loan, real, estate}

{customer, product, revenue}

{condition, economic, financial}

{loss, insurance, financial}

{financial, litigation, operation}

{system, service, information}

{personnel, key, retain}

A deepening recession and further disruption in the financial markets may adversely affect Infinity s future earnings, capital position and its ability to raise additional capital. The economic slowdown has disproportionately impacted Infinity s targeted consumers and could 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. Profitability may be affected if Infinity fails to accurately price the risks it underwrites. INFINITY PROPERTY AND CASUALTY CORPORATION 10-K Extra-contractual losses arising from bad faith claims could materially reduce Infinity s profitability. 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. 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. The inability to recruit, develop and retain key personnel could prevent Infinity from implementing its business strategy and negatively affect future growth and profitability. 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 PROPERTY AND CASUALTY CORPORATION 10-K Infinity is vulnerable to a reduction in the amount of business written through the independent agent distribution channel. INFINITY PROPERTY AND CASUALTY CORPORATION 10-K

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1195933--2/27/2009--INFINITY_PROPERTY_&_CASUALTY_CORP