Acceptance of Settlement Offer Constituted a Binding
Contract, Notwithstanding Failure to Reduce the Parties'
Settlement to a Formal Agreement
(December 2021) - In CSAA Ins.
Exch. V. Hodroj, 72 Cal.App.5th 272 (December 1, 2021), the
California Sixth District Court of Appeal affirmed the trial
court's entry of summary judgment in favor of CSAA in
connection with a dispute arising out the settlement of a bodily
injury claim made by Raed Hodroj (“Hodroj”) against
CSAA Insurance Exchange's (“CSAA”) insured. The
claim arose out of an automobile accident. Hodroj's attorney
offered to settle his claim for bodily injury for policy limits,
conditioned on receipt of the policy face page, a declaration
confirming policy limits and delivery of a check within 21 days of
acceptance of the offer. The offer also noted CSAA could condition
its acceptance on Hodroj signing a written release of all bodily
injury claims against CSAA's insured.
