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Thursday, Apr 18, 2024

Insurance Co. Reports Profit Jump

Woodland Hills Zenith National Insurance Corp. reported that its second-quarter profit rose 17 percent on increased workers’ compensation income. Net income increased to $54.1 million, or $1.46 diluted share, from last year’s $46.4 million, or $1.26 per share, the company reported. Revenue decreased by 20 percent to $266.9 million from a year prior.

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