Best Promising Companies For 2015

Best Promising Companies For 2015: Infinity Property and Casualty Corporation(IPCC)

Infinity Property and Casualty Corporation, through its subsidiaries, provides personal automobile insurance with a concentration on nonstandard auto insurance in the United States. The company offers personal automobile insurance to individuals; mono-line commercial vehicle insurance to businesses; and classic collector insurance, which provides protection for classic collectible automobiles. It products provide coverage to individuals for liability to others for bodily injury and property damage, and for physical damage to an insured?s own vehicle from collision and various other perils. Infinity distributes its products primarily through a network of independent agencies and brokers. The company was founded in 2002 and is headquartered in Birmingham, Alabama.

Advisors' Opinion:

• [By John Udovich]

  Auto sales continue to rise and that is good news for small cap auto insurers Infinity Property and Casualty Corp (NASDAQ: IPCC), First Acceptance Corporation (NYSE: FAC) and Atlas Financial Holdings Inc (NASDAQ: AFH) which are focused on niche auto insurance markets.A Yahoo! Autos blog postrecently noted that in August, automakers sold 1.5 million new vehicles for the highest rate in years. Moreover,most industry forecasters expect sales toreturn to the level they hit before the 2008 recession of 16 million vehicles a year. The blog post then went on to note the three forces driving auto sales:

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-promising-companies-for-2015.html