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:
“Boys forget what their country means by just reading “the land of the free” in history books. Then they get to be men, they forget even more. Liberty’s too precious a thing to be buried in books.”
—Sidney Buchman (1902–1975)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)
“No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.”
—Gilbert Keith Chesterton (1874–1936)