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Tony Ondrusek is founder and publisher of Insurance & Financial Advisor and IFAwebnews.com.

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An insured’s carrier rightfully denied a claim for damages after the policyholder wrecked his expensive pickup while legally intoxicated. But leave it to an IRS judge — employed by the federal goverment, no less — to allow the main to write off the damages on his taxes. Only in America.

Click here for the Wall Street Journal story.