Lady Ice

In a Miami hotel room, insurance agent Andy Hammon corners Tony Lacava at gunpoint and retrieves a diamond necklace Lacava had concealed under his clothes. Lacava is stunned as Hammon takes the jewel and escapes. The theft establishes Hammon's role in the jewel scheme and sets the plot in motion.

Hammon's crude behavior leads Booth Senior to fire him after a confrontation at the garage. He even makes a lewd remark toward Paula Booth before being dismissed. The dismissal pushes Hammon toward riskier schemes.

After being fired, Hammon steals Paula's car and makes a rapid getaway. Paula pursues him through the streets but loses him at a draw bridge.

Paula confronts Hammon at her home and he presents himself as a criminal, proposing a partnership. He tries to win her over with the promise of lucrative opportunities.

Hammon reveals the necklace he took from Lacava, attempting to prove his credibility and gain Paula's trust. Paula remains wary but intrigued by his knowledge of the jewel trade.

Paula tells her father about the encounter with Hammon and the necklace. The report triggers the Booth family's increased scrutiny of Hammon.

Ford Pierce from the Department of Justice shows Hammon the body of Lacava and explains that Paula, Paul Booth, and their partner Eddie are under investigation. Booth Sr.'s unexplained wealth is flagged as part of the case. The revelation broadens the danger surrounding Hammon.

Eddie tells Paula he believes Hammon threatens a future $3 million deal and suggests killing him. Paula protests, trying to avoid more violence and legal trouble.

Hammon discloses that he is an insurance investigator from Chicago and that another jewelry shipment is due soon. The case hints at a broader operation and foreshadows more cross-country activity. A Chicago jewelry store robbery later echoes the widening theft network.

In Nassau, Hammon meets Paula and her contact Brinker and offers them $500,000 for the jewels. He deduces that the stolen gems are being recut and sold as new jewelry items. The negotiation signals a possible salvage of the theft.

Brinker collects the jewelry but is robbed by a gang hired by Hammon and then claims the insurance money. The theft disrupts the deal and escalates the risk for Paula and Hammon. The insurance angle becomes central to the plot.

Hammon's employers meet him in the Bahamas and instruct him to obtain a signed statement from Paula asserting that the recut jewels are the same as the stolen ones. This gives Hammon a legal shield and a path to finalize the scheme. The pressure increases as the deadline approaches.

Hammon negotiates a final deal, offering Paula $600,000 and immunity from prosecution; Paula accepts and they depart to retrieve the jewels. Eddie arrives and takes the jewels for himself, sabotaging the plan. The police close in on Eddie as Hammon and Paula watch from a distance.