Unitrin Adds Wayne Kauth to Board

CHICAGO, Mar 10, 2003 (BUSINESS WIRE) — Unitrin, Inc. (NYSE:UTR) announced today that it has appointed Wayne Kauth, 69, as a director, thereby expanding its board from ten to eleven directors.

Mr. Kauth is currently a consultant to the financial services industry, specializing in life/health and property/casualty insurance. Mr. Kauth is a retired partner of Ernst & Young, LLP where he specialized in accounting and auditing matters for the insurance industry and was the firm’s National Technical Director. Mr. Kauth holds both the Chartered Property & Casualty Underwriter and Chartered Life Underwriter designations and is a Fellow in the Life Management Institute. He is also a Certified Public Accountant and has served on a number of committees and working groups for the AICPA and the National Association of Insurance Commissioners.

Mr. Kauth holds Bachelors and Masters Degrees in Business Administration from the University of Wisconsin.

Unitrin’s subsidiaries are engaged in three businesses: property and casualty insurance, life and health insurance and consumer finance.

CONTACT: Unitrin, Inc.

Ed Konar, 312/661-4930

[email protected]


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