Workers' Compensation News
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Zurich and Artex Offering Comp Program for Staffing Firms
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07/14/2010
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By: Jim Sams (Senior Editor)
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State: NA | Segment: NATIONAL | 0
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Zurich announced Tuesday that it has expanded its relationship with program administrator Artex Risk Solutions to offer workers’ compensation insurance to temporary staffing companies, focusing on clerical, professional, medical professional and light industrial markets.Artex has b...Read More
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Zadroga Bill Moves out of Committee
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05/27/2010
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State: NA | Segment: NATIONAL | 0
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The James Zadroga 9/11 Health and Compensation Act cleared the U.S. House Energy and Commerce Committee Tuesday after languishing there since last year.The panel voted 33 to 12 to pass H.R. 847, which establishes a permanent monitoring and treatment program for first responders to the Wo...Read More
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Zurich Expands Web Access to All P&C Agents
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05/26/2010
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State: NA | Segment: NATIONAL | 0
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Zurich North America announced Tuesday it is opening access to more than 50 specialty insurance programs to all commercial property and casualty agents.Access to the company's website, http://www.ZProgramsMatch.com, which b...Read More
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Zenith Shareholders Approve Acquisition by Fairfax
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04/30/2010
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By: Jim Sams (Senior Editor)
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State: CA | Segment: WEST | 0
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Shareholders of Zenith National Insurance Corp. voted "overwhelmingly" in favor of the company's acquisition by Fairfax Financial Holdings Limited, the carrier announced Thursday.At a special meeting of stockholders held Thursday at Zenith's headquarters in Woodland Hills, Calif....Read More
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Zenith Successfully Blocks Shareholders Lawsuit
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04/23/2010
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State: CA | Segment: WEST | 0
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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
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Zenith Reports $800,000 Loss in First Quarter
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04/22/2010
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By: Jim Sams (Senior Editor)
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State: CA | Segment: WEST | 0
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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
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Zenith Adds Craig Thomson to Lead Non-Comp P&C Business
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04/12/2010
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State: CA | Segment: WEST | 0 | Popular with Legal
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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
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Zenith Sets April 29 Shareholder Meeting to Approve Merger
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03/17/2010
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By: Jim Sams (Senior Editor)
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State: CA | Segment: WEST | 0
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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
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Zenith-Fairfax Deal Hit With Shareholder Lawsuit
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02/25/2010
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State: CA | Segment: WEST | 0
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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
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Zenith-Fairfax Deal a Target of Shareholder Rights Law Firm
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02/22/2010
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State: CA | Segment: WEST | 0 | Popular with Legal
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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
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