Moody's: Infinity notes Baa2

Moody's Investors Service said it affirmed the Baa2 senior debt rating of Infinity Property and Casualty Corp. and the A2 insurance financial strength ratings of its principal operating subsidiaries.

Moody's also assigned a Baa2 rating to the $275 million in senior unsecured notes due in 2022 issued by Infinity.

The outlook is stable.

Moody's said the affirmation and stable outlook reflect Infinity's good financial profile including strong track record of profitability, sound loss reserving, high quality investment portfolio and solid capital adequacy.

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