U-Haul Parent to Strengthen Loss Reserves on Discontinued Workers’ Comp Business - Surety Bond Forums

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02-01-2012, 06:00 PM

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U-Haul Parent to Strengthen Loss Reserves on Discontinued Workers’ Comp Business

Reno, Nev.-based AMERCO (Nasdaq: UHAL) announced on Wednesday that following an internal review of its property and casualty subsidiary’s excess workers’ compensation business, Repwest will take a third quarter fiscal 2012 charge to strengthen its loss reserves. The additional reserves …

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