THE BEST LAWYER / INSURANCE STORY OF THE YEAR
THE BEST LAWYER / INSURANCE STORY OF THE YEAR, DECADE, AND POSSIBLY THE CENTURY
This actually 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
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
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 Awards contest.