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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported) October 25, 1999
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ZENITH NATIONAL INSURANCE CORP.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-9627 95-2702776
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
21255 Califa Street, Woodland Hills, CA 91367-5021
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(Address of Principal Executive Offices) (Zip Code)
Registrant Telephone number, including area code (818) 713-1000
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(Former Name of Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Pursuant to a Stock Purchase Agreement, dated June 25, 1999 (the "Stock
Purchase Agreement"), between Fairfax Financial Holdings Limited, a Canada
corporation ("Fairfax"), and Reliance Insurance Company ("Reliance"), Fairfax
agreed to purchase the 6,574,445 shares of the common stock of the Registrant
owned by Reliance and its affiliates (the "Transaction"). In an amendment to
its Statement on Schedule 13D, dated October 25, 1999 and filed with the
Securities and Exchange Commission, Reliance Financial Services Corporation
reported that the consummation of the Transaction occurred on October 25,
1999. Effective upon consummation of the Transaction, each of Messrs. Saul
P. Steinberg, Robert M. Steinberg and George E. Bello resigned from the
Registrant's Board of Directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
ZENITH NATIONAL INSURANCE CORP.
Dated: November 8, 1999 By: /s/ Fredricka Taubitz
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Name: Fredricka Taubitz
Title: Executive Vice President
& Chief Financial Officer
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