Workers' Compensation News
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Zurich's Best 'A' Rating Unchanged Following '03 Results
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02/20/2004
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State: NA | Segment: Top | 0
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A.M. Best Co. has commented on the financial strength ratings of A (Excellent) of Zurich Financial Services Group (ZFS) (Switzerland) and its core subsidiaries. The ratings, which were last affirmed on September 3, 2003, remain unchanged following the release of year-end results for 2003. The outloo...Read More
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Zenith Declares 28 Cent Cash Dividend Payable 5/14
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02/12/2004
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State: NA | Segment: Top | 0
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Zenith National Insurance Corp. (NYSE:ZNT) yesterday declared a regular quarterly cash dividend of $0.28 per share on its outstanding shares, an increase from $0.25 per share paid quarterly since the first quarter of 1991. The dividend is payable May 14, 2004 to stockholders of record at the...Read More
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Zenith Reports 2003 Record Net Income of $67M
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02/09/2004
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State: NA | Segment: Top | 0
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Zenith National Insurance Corp. (NYSE:ZNT) reported net income of $20.8 million for the fourth quarter of 2003 compared to a net loss of $7.8 million for the fourth quarter of 2002. Net income for the year ended December 31, 2003 was $67.0 million compared to net income for the year ended December 3...Read More
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Zenith Sues Bristol Medical & Directors Alleging Fraud
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02/06/2004
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State: CA | Segment: Top | 0 | Popular with Legal
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Zenith National Insurance Corp. (NYSE:ZNT) announced yesterday that its wholly owned subsidiary, Zenith Insurance Company ("Zenith") began serving summons and complaints upon Bristol Medical Clinic, Inc., and its owner Homayoun Said and manager, Fred Khalili, accusing them of taking part in a large-...Read More
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Zenith 'A-' Rating Affirmed by AM Best;Outlook Stable
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02/06/2004
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State: NA | Segment: Top | 0
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A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) of Zenith National Insurance Group (Zenith) (Woodland Hills, CA). The rating applies to three intercompany pool members and is based on the consolidated operating performance and financial condition of the three insurers....Read More
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Zenith Selects Captiva's ClaimPack for Data Capture
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01/28/2004
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State: NA | Segment: Top | 0
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Captiva Software Corporation (NASDAQ: CPTV), a provider of input management solutions, yesterday announced that Zenith Insurance Company, a property and casualty insurance provider specializing in workers' compensation and a wholly owned subsidiary of Zenith National Insurance Corp., has selected Cl...Read More
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Zurich Names Account Execs to Small Bus State Agents
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01/21/2004
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State: NA | Segment: Top | 0
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The Small Business unit of Zurich North America, has elevated the position of its 175 account executives to the position of State Agent. The transition recognizes the role, responsibility and level of authority that the Zurich Small Business field staff has in working with local insurance agents....Read More
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Zurich 'A' Rating Unchanged By AM Best
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11/20/2003
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State: NA | Segment: Top | 0
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A.M. Best Co. has commented on the financial strength ratings of A (Excellent) of Zurich Financial Services Group (ZFS) (Switzerland) and its core subsidiaries following the release of third quarter results for 2003. These financial strength ratings remain unchanged after announced earnings-...Read More
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Zenith Nearly Doubles 3rd Q Net Income
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10/28/2003
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State: NA | Segment: Top | 0
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Zenith National Insurance Corp. (NYSE: ZNT) reported net income of $16.1 million, or $0.85 per share, for the third quarter of 2003 compared to net income of $8.7 million, or $0.46 per share, for the third quarter of 2002. Net income for the nine months ended September 30, 2003 was $46.2 mil...Read More
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Zurich Finance USA & UK Assigned
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10/10/2003
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State: NA | Segment: Top | 0
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A.M. Best Co. has assigned an "a-" rating to the EUR 500 million (USD 575 million) subordinated notes to be issued by Zurich Finance (USA), Inc. and the GBP 450 million (USD 747 million) subordinated notes to be issued by Zurich Finance (UK) plc.
The ratings are based on the guarantee pro...Read More
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