We have affirmed the ratings on Unitrin Inc. and its subsidiaries following the company's announcement of losses related to the April storms and first-quarter results. We expect that the group's capital will remain strong and that results will improve to a level consistent with that of the overall property/casualty industry. We will consider lowering the rating if Unitrin's operating performance appears to lag that of the property/casualty industry, capitalization deteriorates, or enterprise risk management deteriorates. NEW YORK (Standard&Poor's) May 18, 2011--Standard&Poor's Ratings Services said today that it affirmed its 'BBB-' counterparty credit rating on Unitrin Inc., its 'A-' counterparty credit and financial strength ratings on Unitrin's property/casualty subsidiaries, and its 'A' counterparty credit and financial strength
