Insuring Cigars

Clip_452Charlotte, North Carolina :
A lawyer purchased a box of  very rare  and expensive cigars, then insured them against, among  other things, fire.

Within a month, having smoked his entire stockpile of these  great  cigars and without yet having made even his first
premium  payment  on the policy, the lawyer filed a claim against the  insurance company.

In his claim, the lawyer stated the cigars were lost  “in a series  of small fires.”

The insurance company refused to pay, citing the obvious  reason that the man had consumed the cigars in the normal
fashion.

The lawyer sued.. and won.

Delivering the ruling, the Judge agreed with the insurance company  that the claim was frivolous.

The judge stated, nevertheless, that the lawyer held a  policy from  the company, which it had warranted that the cigars were  insurable and  also guaranteed that it would insure them against fire,  without defining  what is considered to be “unacceptable fire” and was obligated to pay the claim.

Rather than endure lengthy and costly appeal process, the  insurance company  accepted the ruling and paid $15,000 to the lawyer for his  loss of the  cigars lost 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  his insured property and was sentenced to 24 months in jail and a $24,000  fine.

This is a true story and was the First Place winner in the  recent  Criminal Lawyers’ Award Contest.

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