SEABRIGHT INSUR (SBX) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SEABRIGHT INSUR (SBX) from OUTPERFORM to NEUTRAL on July 30, 2012, with a target price of $9.60.

Seabright Insurance Holdings, Inc. is an insurance holding company whose wholly owned subsidiary, SeaBright Insurance Company, operates as a specialty provider of multi-jurisdictional workers' compensation insurance. SeaBright Insurance Company distributes its products through selected independent insurance brokers and through its in-house wholesale broker affiliate, PointSure Insurance Services.

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