History
The company was established in 1949, and since 1971 it has slowly expanded across the nation until it conducted business in 45 of the 50 U.S states and the District of Columbia. Most of its business has come to be conducted through independent agencies. In May 2010, A.M. Best Company affirmed the financial strength rating of A (Excellent) of Zenith National Insurance Corp. and its subsidiaries.
The company was listed on the NYSE under the ticker symbol ZNT until 2010 when Canadian insurance company Fairfax Financial purchased the company for $1.3 Billion.
Read more about this topic: Zenith Insurance Company
Famous quotes containing the word history:
“As History stands, it is a sort of Chinese Play, without end and without lesson.”
—Henry Brooks Adams (1838–1918)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“It’s nice to be a part of history but people should get it right. I may not be perfect, but I’m bloody close.”
—John Lydon (formerly Johnny Rotten)