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Infinity Property and Casualty Corp (IPCC.OQ)

IPCC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Kemper To Acquire Infinity In $1.4 Billion Transaction
Wednesday, 14 Feb 2018 

Feb 13 (Reuters) - Kemper Corp ::KEMPER TO ACQUIRE INFINITY IN $1.4 BILLION TRANSACTION.KEMPER CORP - DEAL FOR ‍$129.00 PER SHARE​.KEMPER CORP - ‍TRANSACTION IS EXPECTED TO BE ACCRETIVE TO KEMPER'S EPS IN FIRST YEAR AFTER CLOSE​.KEMPER CORP - ‍KEMPER WILL ACQUIRE INFINITY IN A CASH AND STOCK TRANSACTION​.KEMPER CORP - ‍UNDER TERMS, INFINITY SHAREHOLDERS WILL RECEIVE $51.60 IN CASH AND 1.2019 KEMPER COMMON SHARES FOR EACH SHARE OF INFINITY COMMON STOCK​.KEMPER CORP - ‍ TRANSACTION EXPECTED TO BE ACCRETIVE TO YEAR TWO EPS BY MORE THAN 10%, EXCLUDING RESTRUCTURING AND ONE-TIME ITEMS​.KEMPER CORP - ‍TRANSACTION IS EXPECTED TO BE ACCRETIVE TO YEAR TWO EPS BY MORE THAN 10%, EXCLUDING RESTRUCTURING AND ONE-TIME ITEMS​.KEMPER CORP - DEAL EXPECTED TO RESULT IN ANNUAL PRE-TAX COST SAVINGS OF APPROXIMATELY $55 MILLION, AND AN ADDITIONAL $5 TO $10 MILLION OF PRE-TAX EARNINGS.KEMPER - ‍ EXPECTS TO FUND CASH PORTION OF CONSIDERATION WITH A COMBINATION OF CASH ON HAND FROM COMBINED COMPANIES AND OTHER INTERNAL RESOURCES​.KEMPER CORP - ‍FOLLOWING DEAL CLOSE, INFINITY SHAREHOLDERS EXPECTED TO OWN APPROXIMATELY 20% OF COMBINED COMPANY ON A PRO FORMA BASIS​.KEMPER - ‍AGREEMENT CONTAINS ELECTION PROCEDURE ALLOWING EACH INFINITY SHAREHOLDER TO SEEK ALL CASH OR ALL STOCK, SUBJECT TO PRORATION AND ADJUSTMENT​.KEMPER CORP - ‍ AT DEAL CLOSING, CO WILL INCREASE ITS CURRENT BOARD OF DIRECTORS BY ONE SEAT AND SELECT A DIRECTOR FROM INFINITY TO JOIN KEMPER BOARD​.  Full Article

Infinity Property And Casualty Reports Q4 ‍Net Earnings Per Diluted Share $1.34​
Wednesday, 14 Feb 2018 

Feb 13 (Reuters) - Infinity Property And Casualty Corp ::INFINITY PROPERTY AND CASUALTY REPORTS EARNINGS FOR THE FOURTH QUARTER OF 2017.INFINITY PROPERTY AND CASUALTY CORP QTRLY ‍NET EARNINGS PER DILUTED SHARE $1.34​.INFINITY PROPERTY AND CASUALTY CORP QTRLY ‍NET EARNINGS EXCLUDING REALIZED GAINS PER DILUTED SHARE $1.32​.INFINITY PROPERTY AND CASUALTY CORP QTRLY ‍REVENUES $382.6 MILLION VERSUS $415.3​ MILLION.INFINITY PROPERTY AND CASUALTY CORP QTRLY ‍GROSS WRITTEN PREMIUM $340.6 MILLION VERSUS $329.1​ MILLION.  Full Article

Infinity Property And Casualty Corp Q3 earnings per share ‍$1.35​
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Infinity Property And Casualty Corp :Infinity Property And Casualty Corporation reports strong results for the third quarter of 2017.Infinity Property And Casualty Corp - qtrly earnings per share ‍$1.35​.Infinity Property And Casualty Corp - qtrly ‍gross written premium of $362.2 million versus $359.4 million​.Infinity Property And Casualty Corp - qtrly ‍earned premium of $345.0 million versus $342.2 million​.  Full Article

Infinity Property and Casualty Corp announces estimated catastrophe losses related to Hurricane Harvey
Thursday, 7 Sep 2017 

Sept 6 (Reuters) - Infinity Property and Casualty Corp :Infinity Property and Casualty Corporation announces estimated catastrophe losses related to Hurricane Harvey.Infinity Property and Casualty Corp - ‍for 2017, catastrophe reinsurance protection is $95 million in excess of $5 million per event​.Infinity Property and Casualty Corp - total losses of approximately $10 to $15 million before-tax net of reinsurance recoveries due to Hurricance Harvey​.  Full Article

Infinity Property And Casualty Corp posts Q2 EPS of $0.46
Thursday, 3 Aug 2017 

Aug 3 (Reuters) - Infinity Property And Casualty Corp :Infinity Property And Casualty Corporation reports results for the second quarter of 2017.Qtrly revenue $376.9 million versus $375.1 million.Qtrly earnings per share $0.46.  Full Article

Infinity Property And Casualty Qtrly net earnings per share $0.96
Thursday, 4 May 2017 

May 4 (Reuters) - Infinity Property And Casualty Corp :Infinity property and casualty corporation reports results for the first quarter of 2017 and announces chairman, president and chief executive officer retirement and appointment.Qtrly net earnings per diluted share $0.96.Co's ceo gober plans to retire during q1 of 2018..Glen godwin to succeed mr. Gober as company's ceo effective august 1, 2017..Infinity property and casualty corp qtrly operating earnings per diluted share $0.93.Infinity property and casualty corp qtrly revenues $377.8 million versus $370.2 million.Infinity property and casualty corp qtrly gross written premium $370.7 million versus $376.0 million.  Full Article

Infinity Property and Casualty Q4 net earnings per diluted share $1.95
Tuesday, 28 Feb 2017 

Infinity Property and Casualty Corp : Infinity Property and Casualty reports higher net earnings in the fourth quarter of 2016 . Infinity Property and Casualty Corp says qtrly net earnings per diluted share $1.95 . Infinity says qtrly gross written premium $329.1 million versus $310.5 million . Infinity says for 2017 assumes accident year combined ratio between 96.0% and 98.0% .Infinity says book value per share $63.31 at December 31, 2016.  Full Article

Victory Capital Management reports 5.54 pct passive stake in Infinity Property And Casualty Corp
Saturday, 11 Feb 2017 

Victory Capital Management Inc - :Victory Capital Management Inc reports a 5.54 percent passive stake in Infinity Property And Casualty Corp as on december 31, 2016 - SEC filing.  Full Article

Infinity qtrly net earnings per diluted share $0.99
Thursday, 4 Aug 2016 

Infinity Property and Casualty Corp : Infinity Property and Casualty Corp reports results for the second quarter of 2016 . Qtrly net earnings per diluted share $0.99 . Qtrly gross written premium $337.0 million versus $352.5 million .Revising its guidance and expects gross written premium to decline between 1.0 percent and 3.0 percent for year.  Full Article