Zenith National Reports Its Earnings Unchanged
Zenith National Insurance’s earnings were virtually flat in the first quarter that ended March 31 as the company earned $12.5 million, compared to $12.6 million a year earlier. Revenue increased 2% to $119.1 million.
Results for the Woodland Hills company, which specializes in workers compensation insurance, included tax benefits and net capital gains of about $400,000. In the year-earlier quarter, Zenith’s earnings included $600,000 of net capital gains.
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