The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
The Shirley Temple Blue Diamond Is Back
Now, the stone weighs 9.3 carats and is internally flawless.

New York—The Shirley Temple Blue Diamond failed to sell at auction in 2016, but now it’s found a new life.
The actress’ father purchased the cushion-modified brilliant-cut fancy deep blue diamond, weighing 9.54 carats with VVS2 clarity, in 1940 to commemorate the 12-year-old’s latest film, “The Blue Bird.”
She owned the ring until her death in 2014. Her family put the diamond up for sale at Sotheby’s April 2016 jewelry auction in New York, where it was predicted to garner between $25 and $35 million, though it didn’t find a buyer.
That’s when Windsor Jewelers stepped in.
The antiques dealer bought the stone from Temple’s family but decided to make an improvement before putting it back on the market.
“We showed it to some of the best cutters in the world and said there’s a potentiality for it to go internally flawless,” explained Windsor Jewelers President Paul Lubetsky.
Cutting the stone, and slightly lowering the carat weight in the process, was not a decision taken lightly.
“Polishing such an important diamond involves an immense amount of challenges and risk,” Windsor Jewelers’ Principal Avi Fattal said. “The stone was thoroughly studied by the cutter and a team of gemologists for weeks before deciding to put this very rare diamond on the wheel.
“The color of a blue diamond, and in some cases, quality, can be drastically changed even with the slightest movement. We ultimately decided to go ahead and re-polish the stone to try to improve the clarity.”
What Fattal described as many “nerve-wracking months” of polishing that involved several visits and consultations with the Gemological Institute of America resulted in not only an internally flawless stone—now weighing 9.3 carats—but also a richer blue color. A post shared by Ashley Davis (@ashleylikesgems) on Apr 22, 2019 at 6:34am PDT
SEE: The 9.3-Carat, Internally Flawless Shirley Temple Blue Diamond
“When we finally decided to re-cut it, it completely opened the color also,” Lubetsky said. “We didn’t expect it to go so blue. Before it was a VVS stone, but when we got rid of the imperfection the color opened up and became bluer than any other stone I’ve seen before.”
In GIA’s current report on the stone, it notes a similarity in color to the famed Hope Diamond and the Wittelsbach-Graff—another blue diamond that was re-cut to improve it clarity—leading Windsor Jewelers to believe that all three diamonds might have been mined in a similar area, the Golconda mines of India.
“All three
Now, Windsor Jewelers is set to display the stone publicly for the first time since its acquisition and polishing at the second edition of the upcoming GemGeneve trade show, an exhibitor-run antidote to Baselworld.
There, attendees will be able to witness the new-and-improved Shirley Temple in person.
“Daylight sort of stimulates the stone and the more it’s in daylight, the bluer it gets,” Lubetsky said. “It continues to get bluer all day. It’s really an unusual phenomenon.”
GemGenève is slated for May 9-12 at The Palexpo Geneva.
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.

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.

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.