Zenith Insurance Company is an American insurance company headquartered in California specializing in workers' compensation insurance. It has been an indirect wholly owned subsidiary of Canadian Fairfax Financial since 2010. Zenith operates nationally in the workers' compensation insurance business and conducts business through independent agencies and brokers.
History
Zenith National Insurance Corporation was established in 1949. In 1971, Zenith went public and was listed on the NASDAQ stock market.[2] In 1978, Stanley Zax was hired as Zenith's chief executive officer. In 1987, the company was listed on the NYSE under the ticker symbol ZNT.[3]
In 2010, Fairfax Financial agreed to buy Zenith in a deal that valued the company at around $1.3 billion US.[4][5]