The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
Amir Mozaffarian Fine Jewels To Close After 42 Years
The fourth-generation jeweler will close his San Francisco store and spend retirement with his family.

San Francisco—Amir Mozaffarian Fine Jewels will close its doors after 42 years in business.
Amir Mozaffarian opened his eponymous store in San Francisco’s Union Square shopping district in 1978.
He is a fourth-generation jeweler whose family has been in the business for more than 135 years.
Though a descendant of a long line of jewelers, Amir and his wife, Cynthia Mozaffarian, both have backgrounds in engineering.
Amir has a master’s degree in aerospace engineering while Cynthia holds a bachelor’s in mechanical and civil engineering.
“Engineering is a frame of mind where you solve problems and come up with solutions,” Amir said in a press release announcing the store’s closure.
“That, along with paying close attention to even the finest of details, has helped us greatly in the jewelry industry.”
Cynthia worked for years as an engineer, helping her husband when she could, but later devoted herself to the family business.
“We just partnered to make our business stronger,” she said in the release. “That was what mattered the most to us.”
Over the last four decades, Mozaffarian traveled the world to hand-select jewels for his creations, like rubies from Burma and emeralds from Colombia.
“It’s a labor of love,” said Cynthia, noting how special a signature piece can be to their customers.
Jon Omer, a former Fabergé executive, said he knew from his first visit that the store was special and would be the perfect fit to be the brand’s exclusive retailer in the San Francisco area.
“Amir built the store’s success on three principles: building personal relationships with clients, an unparalleled collection of jewelry you won’t find anywhere else, and the ability to be one step ahead of the industry,” Omer said in the release.
Amir described his retirement as a bittersweet, emotional time and said his clients echoed the same sentiment, sharing memories of shopping in the store.
“We have such wonderful memories with so many fine people that we have been fortunate to meet. Some families we have served for three generations,” he said.
“We are grateful for the opportunity to meet a wide range of wonderful, interesting, talented and accomplished people. It’s been a pleasure being part of their lives,” said Cynthia.
However, retirement will mean the couple has more time to spend with their family, which includes their two sons, two daughters-in-law, and six grandchildren.
Their sons work in finance; they will not be taking over the store.
The store’s exact closing date will depend on inventory levels.
“We
The Latest

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.


The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.