MikeFold
04-12-2005, 07:16 PM
I saw this on a "financial" chatboard.....
A Charlotte, NC lawyer purchased a box of very rare and expensive
cigars, then insured them against fire, among other things. 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
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.)
In 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 rare cigars lost 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 is a true story and was the First Place winner in the recent
Criminal Lawyers Award Contest.
ONLY IN AMERICA! NO WONDER THIRD WORLD COUNTRIES
THINK WE'RE NUTS.
A Charlotte, NC lawyer purchased a box of very rare and expensive
cigars, then insured them against fire, among other things. 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
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.)
In 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 rare cigars lost 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 is a true story and was the First Place winner in the recent
Criminal Lawyers Award Contest.
ONLY IN AMERICA! NO WONDER THIRD WORLD COUNTRIES
THINK WE'RE NUTS.