A lawyer purchased a box of 24 very expensive cigars, then insured them against, among other things, fire. Within a month he had smoked them all and without yet having made even his first premium payment on the insurance policy, filed a claim. He stated the cigars were lost ‘in a series of small fires.’ Obviously the insurance company refused to pay. The lawyer sued and won! The judge agreed that the lawsuit was frivolous, but stated nevertheless, 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 the cigars lost in the ‘fires’.
However, the lawyer’s celebration was brief. Continue reading “Sermon: Proper 16 RCL C – “Technicalities””
