CHICAGO--(BUSINESS WIRE)--
Unitrin, Inc. (NYSE: UTR) announced today that it has adopted a trading
plan (the “Plan”) in accordance with SEC Rule 10b5-1 covering the sale
over a period of one year of up to 1.5 million of the shares of common
stock of Intermec, Inc. (NYSE: IN) that are owned by Unitrin. The Plan
was adopted to facilitate Unitrin's diversification objectives for its
investment portfolio. Unitrin currently owns 12,657,764 shares, or about
20.5 %, of Intermec’s outstanding common stock.
This release contains information that includes or is based upon
forward-looking statements within the meaning of the Federal securities
laws. Forward-looking statements give expectations or forecasts of
future events, and can be identified by the fact that they relate to
future actions, performance or results rather than strictly to
historical or current facts. Any or all forward-looking statements may
turn out to be wrong, and, accordingly, readers are cautioned not to
place undue reliance on such statements. Forward-looking statements
involve a number of risks and uncertainties that are difficult to
predict, and are not guarantees of future performance. Among the general
factors that could cause actual results to differ materially from
estimated results are those listed in the Company's reports filed by the
Company with the Securities and Exchange Commission (the "SEC"). No
assurances can be given that the results contemplated in any
forward-looking statements will be achieved at all or in any particular
timetable, and the Company assumes no obligation to publicly correct or
update any forward-looking statements as a result of any subsequent
developments. However, readers are advised to consult any further
disclosures the Company makes on related subjects in its SEC filings.
Unitrin is a diversified insurance holding company, with subsidiaries
that provide life, health, auto, homeowners and other insurance products
for individuals and small businesses.
Unitrin's principal businesses are:
- Kemper1, which provides auto, homeowners and
other insurance products to individuals through a network of
independent agents,
- Unitrin Direct, which markets auto and homeowners insurance to
consumers via direct mail, the Internet and employer-sponsored
employee benefit programs and other affinity relationships,
- Unitrin Specialty, which provides auto insurance through a
network of independent agents and brokers to individuals and small
businesses which have had difficulty procuring insurance through
traditional channels, usually due to adverse driving records or claim
or credit histories, and
-
Unitrin’s Career Agency Companies, which specialize in the sale
of life insurance products to persons of modest incomes through a
network of employee agents.
1Unitrin uses the registered trademark “Kemper” under
license, for personal lines insurance only, from Lumbermens Mutual
Casualty Company, which is not affiliated with Unitrin.
Additional information about Unitrin is available by visiting its
website (www.unitrin.com).
Source: Unitrin, Inc.
Contact:
Unitrin, Inc.
Frank J. Sodaro, (312) 661-4930
investor.relations@unitrin.com