ASBESTOS UPDATE: Unitrin Posts $59.8MM A&E Reserves at Dec. 31

Property and Casualty Insurance Reserves related to Unitrin, Inc.’s Discontinued Operations are predominantly long-tailed exposures, of which US$59.8 million was related to asbestos, environmental matters and construction defect exposures at Dec. 31, 2010.

Unitrin, Inc. is a diversified insurance holding company,…