A lawyer in Charlotte, North Caroline, purchased a box of very rare and expensive cigars. Being clever, he insured them against fire amongst other things.
Within a month, after having smoked his entire stockpile of these rare cigars before he even made his first premium payment on his policy, the lawyer filed a claim against his insurance company. He stated the cigars were lost “in a series of small fires.” The insurance company refused to pay for the obvious resume – the man consumed the cigars in the normal fashion
The man sued……and won!
When delivering the ruling, the judge agreed with the insurance company that the claim was frivolous. However, the judge continued, the lawyer held a policy from the company in which it had warranted that the cigars were insurable and also guaranteed it would insure them against fire, without defining what is considered to be an unacceptable fire. As a result, the insurance company was obligated to pay the claim because the lawyer’s claim was technically valid.
Rather than endure the lengthy and costly appeal process, the insurance company accepted the ruling and paid $15,000 to the lawyer for the loss of his “rare cigars” in the “fires.”
After the lawyer cashed the check, the insurance company had him arrested on 24 counts of ARSON! With his own insurance claim and testimony from the previous case being used against him, the lawyer was convicted of intentionally burning insured property and was sentenced to 24 months in jail and a $24,000 fine.
This is a true story and was the 1st place winner in the recent Criminal Lawyers Award Contest.
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