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Insuring cigars against fire


livingart

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BEST LAWYER/INSURANCE STORY OF THE YEAR, DECADE, AND POSSIBLY THE

CENTURY.

This took place in Charlotte 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, 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!

(Stay with me.)

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, in 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 that perished in the 'fires'.

NOW FOR THE BEST PART...

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 true story won First Place in last year's Criminal Lawyers Award

Contest.

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