Ex-Tulsa Mayor: $4M Not Enough To Cover Lost Blue Diamond Ring

TULSA, OK — Former Tulsa mayor Kathy Taylor lost her 5-carat blue diamond ring in California wine country and is now suing an insurance company and broker alleging the $4 million she received for the ring wasn't enough. Taylor's lawsuit filed in Tulsa seeks more than $75,000, the Tulsa World reported.

She said AIG Property Casualty Co. paid $4 million for loss of the ring her husband gave her, but didn't cover the ring's full value. The insurance broker, Integro USA Inc., filed a motion to dismiss the case, saying Taylor and her husband rejected a policy that would have covered any increase in the ring's value.

Neither Taylor nor attorneys for the companies returned the newspaper's phone calls seeking comment. (For more information on Taylor's ring and other Tulsa stories, subscribe to Patch to receive daily newsletters and breaking news alerts. If you have an iPhone, click here to get the free Patch iPhone app.)

"While attending a cooking class, (Taylor) went to wash her hands," Taylor's petition stated. She removed her ring and did not realize that she had forgotten to put it back on her finger, it says.

Taylor sent an email to the Meadowood Napa Valley resort staff on Nov. 6 saying she believed someone took the ring after she took it off.

"When I returned to my room and began getting ready for croquet and went to put on my jewelry — I immediately realized I had left the ring," the email said.

Integro alleged in its motion to dismiss the lawsuit that Taylor's negligence claim "cherry-picks from and ignores the indisputable documents received or authored" by Taylor that undercut her claim.

Photo credit: Tulsa World, Tom Gilbert, via AP