[PIU] – Local philanthropist W. Harold Petersen, chairman of the board of Valencia-based Petersen International Underwriters, was inducted May 19 into the Iowa Insurance Hall of Fame.
Accompanied by his wife Jacquie, daughter and two of his sons, Harold was one of five insurance professionals honored at a ceremonial dinner held at the Olmstead Center at Drake University in Des Moines.
An Iowa native, Harold was born and raised on a very humble dairy farm outside the small town of Council Bluffs, just across the Missouri River from Omaha, Nebraska. He witnessed first-hand the familial financial devastation caused by the sudden disablement of his father. A severe back injury left Harold’s dad unable to run the farm which the family subsequently lost to creditors. A childhood spent under economic hardship helped shape Harold’s determined and lifelong advocacy for disability insurance, and started his mission to help Americans financially protect their hard-earned incomes.
His career began in 1948 at Mutual of Omaha as an underwriter, building their fledgling disability insurance sector. In 1956, Harold was recruited by American United Life Insurance Company of Indianapolis to forge their accident and health insurance division. Four years later, he started his own disability carrier called Underwriters National Assurance Company which he ran until 1967 when he moved his young family to Los Angeles to form an insurance marketing and management firm which evolved into what is today known as Petersen International Underwriters.
With a focus on the high-limit and specialty disability insurance market, Petersen International, under Harold’s leadership, has grown into the largest personal accident Coverholder at Lloyd’s in the United States.
But Harold has also put his passion for disability insurance into more altruistic endeavors. Over the past 65 years, he has guest-lectured on advanced health underwriting methodology at dozens of the country’s most notable universities, and he has developed several nationally sanctioned health insurance and financial planning training courses. Most importantly, Harold recognized the need for a national association devoted specifically to disability insurance when he co-founded the International DI Society in 2005.
The Executive Office of the Board of Supervisors announced the leadership team of the newly formed Probation Oversight Commission who will be tasked to lead efforts to monitor the Probation Department’s progress on systemic reform.
The Dr. Dianne G. Van Hook University Center at College of the Canyons will host a virtual Open House on Wednesday, April 28 to help those interested in advancing their careers by earning a bachelor’s or master’s degree.
The Los Angeles County Arts Education Collective, coordinated by the Department of Arts and Culture, and KCET have joined forces to create a new documentary that explores the value of arts education for the youth, communities, and creative economy of L.A. County.
The Santa Clarita Valley League of Women Voters, partnering with College of the Canyons Center for Civic Engagement and its Engage the Vote Student Action Team, is sponsoring a virtual, “Conversation with Mayor Bill Miranda,” on Monday, April 19, from 7:00 p.m. - 8:30 p.m.
Los Angeles County Public Health officials on Wednesday confirmed 57 new deaths and 411 new cases of COVID-19 countywide, as the county prepares to expand vaccination eligibility to residents 16 and older on Thursday.
California public health officials this week lifted capacity limits on in-person services at places of worship from the state's reopening scheme, following a handful of Supreme Court decisions in favor of congregants challenging the state’s COVID-19 capacity limits.
The Santa Clarita City Council on Tuesday night approved one-time funding of $100,000 for the relocation of Bridge to Home shelter services for people experiencing homelessness, and an additional loan not to exceed $110,000.
California Institute of the Arts, or CalArts, is leasing space at Newhall Crossings in Downtown Newhall to put its students’ artwork on display, officials with the Valencia arts college announced recently.
The Santa Clarita City Council unanimously approved Tuesday a Henry Mayo Newhall Hospital expansion plan, following a public hearing with protest from members of a local carpenters union and calls by community members to include a mental health care unit for children.
California Senate Bill 546, a measure to extend the state's "iFoster" cell phones and data program for foster youth, has passed out of the Senate Energy, Utilities, and Communications Committee with unanimous support, according to Sen. Scott Wilk (R-Santa Clarita).
College of the Canyons athletic programs returned to campus this week to begin outdoor team strength and conditioning activities, guided by a stringent return-to-campus procedural plan designed to ensure the health and safety of student-athletes, coaches and support staff.
If you watched NASA’s exciting Mars Perseverance rover landing on Feb. 18, you definitely won’t want to miss the College of the Canyons Canyon Country campus spring 2021 virtual Star Party on Friday, April 23.
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