Fitch Ratings said it has assigned a 'BBB' to Infinity Property & Casualty Corp.'s (IPCC) new 10-year 5.0% $275 million debt issuance. Fitch said it has also affirmed IPCC's long-term Issuer Default Rating or IDR at 'BBB+' and operating subsidiaries Insurer Financial Strength or IFS rating at 'A'. The Outlook for all ratings is Stable.
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