U.S. customs agents in El Paso, Texas, intercepted the package, which would have been worth $9 million if the jewelry was genuine.
Jewelers Mutual CEO to retire, new leader named
Jewelers Mutual Insurance Co. announced Tuesday that its board of directors has selected a new president and CEO to replace Darwin Copeman, who will retire in 2015.
Neenah, Wis.--Jewelers Mutual Insurance Co. announced Tuesday that its board of directors has selected a new president and CEO to replace Darwin Copeman, who will retire in 2015.
Scott Murphy formerly served as an executive partner and principal at Triad Analytic Solutions, an Advance, N.C.-based insurance industry consulting group that offers product, pricing/underwriting and distribution solutions for numerous insurance-related businesses in varying industries.
Past positions include roles as chief operating officer at GMAC Insurance as well as executive or management positions within the Great American family of insurance carriers, Infinity Insurance and Windsor Insurance Group.
Murphy, who will be relocating from North Carolina with his wife and two daughters to take the position, will start at Jewelers Mutual in January.
Commenting on Murphy’s hire in a statement from Jewelers Mutual, board chairman Mark Fiebrink said, “Jewelers Mutual’s board of directors is unique in that it includes representation from both the jewelry industry and the insurance industry, making it a strong leadership team for a company so deeply connected throughout the industry it serves. We expect that Scott Murphy is going to be a terrific asset to the company, leading Jewelers Mutual into its next century of success.”
Jewelers Mutual celebrated 100 years of providing insurance to jewelers in 2013. The company has earned 27 consecutive ratings of A+ Superior from A.M. Best Company and is listed among the Ward’s 50 top-performing insurance companies.
Copeman has headed Jewelers Mutual since May 2009. “I’m truly blessed to have led such an amazing company, and I look forward to Jewelers Mutual’s continued success,” he said.
A graduate of the University of Tennessee, Murphy earned his MBA from the Knoxville-based school in 1993. He currently resides in Winston-Salem, N.C. with his wife, Cheri, and two teenage daughters, Ashlee and Emilee.
The Latest

Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

Ten organizations were selected this year.

Supplier Spotlight Sponsored by GIA

Kim Carpenter and Sam Gevisenheit have joined the brand.


“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Six new retail businesses were selected for the 2025 program, which began in January.

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Sponsored by the Gemological Institute of America

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.

“Cartier: Design, Craft, and Legacy” opened earlier this month at the Victoria and Albert Museum in London.

Van Cott Jewelers in Vestal, New York, is hosting a going-out-of-business sale.