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... oath was terminated. Counsel met privately with the attorney for the insured ...

... . The insured claimed that the documents recorded at the Department of Motor Vehicles were filed by the seller and he had no knowledge of the changes made by the seller. In fact, he could not understand why the seller had filed such strange documents. After counsel had established, with certainty in counsel's mind, that the insured had sworn falsely, the examination under oath was terminated. Counsel met privately with the attorney for the insured and explained that the insured's claim was in great peril. The attorney for the insured responded, The bad-faith lawsuit I told you to expect will not be filed by me. The insured had made one serious error: He had hired an honest lawyer. His lawyer and counsel for the Classic Car discussed possible resolution of the matter, including the withdrawal of the claim ... checked the database maintained by the National Insurance Crime Bureau and learned: The insured had been the reported victim of two auto accidents and a residential burglary-none of which were reported on the application for insurance. The insured had been convicted, at age 19, of four counts of check forgery, ultimately causing a bank to lose hundreds of thousands of dollars. He had been sentenced to 90 days in jail and five years probation for this offense. The Rolls-Royce Motor Co. publishes a book of all the vehicles it manufactures with their vehicle identification numbers. The number of the insured's Rolls-Royce was not in the book. The investigator then obtained all the original sales documents from the Department of Motor Vehicles and was surprised to learn that the vehicle Classic Car Insurance Co. had insured for $100, ...