Zenith National Insurance Corp. (NYSE: ZNT) reported net income of $11.7 million, or $0.62 per share, for the first quarter of 2003 compared to net income of $2.8 million, or $0.15 per share, for the first quarter of 2002.
Gross workers' compensation premiums written increased about 59% in the first quarter of 2003 compared to the first quarter of the prior year. In California, gross workers' compensation premiums written increased about 91% in the first quarter of 2003 compared to the first quarter of the prior year.
The combined ratio for the property-casualty insurance operations was 96...
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