Profits at Zenith Insurance Reverses Year-Ago Loss
Zenith National Insurance Corp. in Woodland Hills reported a $9.1-million third-quarter profit following an $11.8-million loss a year earlier.
The company’s revenue in the three months ended Sept. 30 was $137.1 million, up 5% from $130.3 million in the third quarter of 1995.
Zenith’s nine-month results included a $32.2-million profit, up from $5.3 million in the comparable period the year before. Revenue rose 4% to $405.3 million from $388.3 million.
Zenith is a property and casualty insurer.
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