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:
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)
“Philosophy of science without history of science is empty; history of science without philosophy of science is blind.”
—Imre Lakatos (19221974)
“... that there is no other way,
That the history of creation proceeds according to
Stringent laws, and that things
Do get done in this way, but never the things
We set out to accomplish and wanted so desperately
To see come into being.”
—John Ashbery (b. 1927)