The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
See Princess Eugenie’s Padparadscha Engagement Ring
The princess’s colored gemstone ring continued a long-standing royal bridal trend.

Announced Monday on the British Royal Family’s website and social media, the 27-year-old Eugenie is set to wed her boyfriend of seven years, 31-year-old Jack Brooksbank, this fall.
The Royal Family released official engagement photos of the couple, which showed the princess sporting a ring featuring an oval-cut padparadscha sapphire center stone surrounded by a halo of round-brilliant white diamonds and two trillion-cut white diamonds on a yellow gold band.
Eugenie follows an interesting trend seen in the British Royal Family—the use of a colored gemstone surrounded by a halo of white diamonds.
Princess Diana chose a 12-carat oval sapphire engagement ring, surrounded by white diamonds and with a yellow gold shank, which, several years after Diana’s death, Prince William gave to Kate Middleton as her engagement ring.
Embed from Getty Images
Princess Anne, Queen Elizabeth II’s only daughter, received sapphire and diamond engagement rings for both of her engagements, while Princess Margaret, Countess of Snowden—Queen Elizabeth II’s sister—had a ruby and diamond engagement ring
And Eugenie’s own mother, Sarah, Duchess of York, received a ruby engagement ring from the Duke of York when he proposed, also in a halo design and in yellow gold.
Embed from Getty Images
Indeed, only Prince Harry and Meghan Markle seem to have bucked the royal colored gemstone trend in favor of white diamonds.
Where Eugenie’s ring stands out is in its selection of gem, with hers being much more unique than her familial predecessors.
“These special sapphires are rare in their optimal color and typically demand a hefty premium over fancy pink or orange sapphires,” explained Niveet Nagpal, president of Omi Gems & Omi Privé. “They are the rarest of all for their specific color range of pink and orange.”
Gem aficionados agree that the publicity garnered by Eugenie’s engagement will increase interest in the rare stone.

Nagpal said: “Most people don’t know about colored gemstones and especially what a padparadscha sapphire is, so Princess Eugenie’s engagement will be a great start to getting the information out there and driving people to specifically ask for it.”
And Oscar Heyman’s Tom Heyman noted that royal and celebrity engagement rings that feature colored gemstones have correlated with consumer demand in the past.
Princess Eugenie is right on trend ahead of the Tucson gem shows, as dealers have predicted that fancy color sapphires will continue to rise in popularity.
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.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

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.

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.

The jeweler’s largest store yet is set to open in Little Rock next fall.

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.