Workers' Compensation News
| Zenith Successfully Blocks Shareholders Lawsuit | 04/23/2010 | ||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp. Thursday successfully staved off a move by shareholders to block a bid by Fairfax Financial Holdings Ltd. to acquire the Woodland Hills-based insurer for $1.3 billion.A Delaware judge denied a request by some Zenith shareholders to halt the sale to Fairfax...Read More | |||
| Zenith Reports $800,000 Loss in First Quarter | 04/22/2010 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp. on Wednesday reported a net loss of $800,000 for the first quarter of 2010, breaking a string of profitable quarters that's lasted at least four years."We continue to experience a highly competitive environment as reflected in 13% fewer policies in-for...Read More | |||
| Zenith Adds Craig Thomson to Lead Non-Comp P&C Business | 04/12/2010 | ||
| State: CA | Segment: WEST | 0 | Popular with Legal | |||
| Zenith National Insurance Corp. in Woodland Hills announced Friday that Craig Thomson will join its principal operating subsidiary, Zenith Insurance Co., as executive vice president. Thomson will be responsible for building and leading Zenith’s non-workers’ compensation prope...Read More | |||
| Zenith Sets April 29 Shareholder Meeting to Approve Merger | 03/17/2010 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp. has scheduled a special meeting of stockholders for April 29 to consider and vote upon a proposed merger with Fairfax Financial Holdings Ltd.All Zenith stockholders of record at the close of business on March 26 will be entitled to vote at the special meet...Read More | |||
| Zenith-Fairfax Deal Hit With Shareholder Lawsuit | 02/25/2010 | ||
| State: CA | Segment: WEST | 0 | |||
| An advocacy group in San Diego has filed suit against the board of directors of Zenith National Insurance Corp. alleging the Woodland Hills-based insurer's planned $1.3 billion sale to Fairfax Financial Holdings Ltd. of Toronto, Canada, undervalues the company.The lawsuit filed Monda...Read More | |||
| Zenith-Fairfax Deal a Target of Shareholder Rights Law Firm | 02/22/2010 | ||
| State: CA | Segment: WEST | 0 | Popular with Legal | |||
| The $1.3 billion proposed sale of Zenith National Insurance Co. to a Canadian firm has already drawn the ire of a New York City-based shareholders' rights law firm who questions if the deal is generous enough.Levi & Korsinsky, LLP, whose website states it represents victims of se...Read More | |||
| Zurich Joins Forces with REX to Expand Comp Clients | 02/17/2010 | ||
| By: Jim Sams (Senior Editor) | |||
| State: NA | Segment: NATIONAL | 0 | |||
| Zurich announced Tuesday that it will join forces with Risk Exchange Insurance Services Inc. (REX), a program administrator that specializes in accessing underserved segments of the workers’ compensation market, to cover a wider range of businesses.Zurich said it selected REX, in p...Read More | |||
| Zenith Reports 28% Profit Gain in Fourth Quarter | 01/29/2010 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp. on Thursday reported net income in the fourth quarter of 2009 jumped 28.5%, to $10.8 million compared to $8.4 million in the fourth quarter of 2008.Zenith's net income for the entire year was down, however, from 2008. The Los Angeles-based workers'...Read More | |||
| Zurich Taps Chartis' Gillen as Head of Marine Claims | 01/28/2010 | ||
| By: Jim Sams (Senior Editor) | |||
| State: NA | Segment: NATIONAL | 0 | |||
| Zurich announced Wednesday that Steve Gillen has joined the carrier as global head of Marine Claims.Effective immediately, Gillen will work closely with regional marine leadership and regional claims organizations to enhance Zurich’s claims proposition in support of the global mari...Read More | |||
| Zenith Adds WCAB Judge to its Legal Team | 01/20/2010 | ||
| State: CA | Segment: WEST | 0 | Popular with Legal | |||
| Zenith Insurance Co. announced Tuesday it has hired Pamela Foust, a California workers' compensation judge, as a member of its legal department, making her the third high-level state official to join the Woodland Hills-based insurer in the past 15 months. Foust joins Zenith afte...Read More | |||
