Zenith Announces Reinsurance Exposure to NY

Zenith National Insurance Corp. (NYSE:ZNT) made the following announcement concerning the possible effect of the tragic events associated with the terrorist attacks on New York and the Pentagon on September 11, 2001: At this time there is considerable uncertainty as to the nature and amount of monetary losses associated with the events of September 11. However, Zenith's primary property and casualty operation, which consists of direct workers' compensation business, is not expected to sustain any losses in connection with the events of September 11. In its assumed reinsurance operation, Zeni...