Zenith Declares Dividend

The Board of Directors of Zenith National Insurance Corp. today declared a regular quarterly cash dividend of $0.50 per share on its outstanding shares of common stock. In addition, the Board of Directors declared an extra dividend of $0.40 per share on its outstanding shares of common stock. The regular dividend of $0.50 per share will be payable Feb. 12, 2010, to stockholders of record at the close of business on Jan. 29, 2010. The extra dividend of $0.40 per share will be payable Dec. 29, 2009, to stockholders of record at the close of business on Dec. 15, 2009. Zenith National Insurance Corp. is the holding company for Zenith Insurance Co., which underwrites workers' compensation policies in more than 40 states. Headquartered in Woodland Hills, Calif., Zenith has three regional offices in Florida -- Sarasota, Orlando, and Hollywood.
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