C
crstewart
Guest
What is the name of your state? pennsylvania
I am in the process of settling a claim against Commerce BanCorp regarding an accident that occurred at their site. I was accidentally given an explosive red dye pak that went off in the pocket of my trousers in the bank's parking lot. I was sent to the hospital for treatment then on to a specialty eye hospital for additional treatment. For a sum, I verbally agreed to setlle with the Bank, but with the clear point that I was not releasing the dye pak manufacturer or security team. The Insurance representative for the Bank, who is self-insured, sent a release that would have had me sign away my rights against any and all parties related to this accident. I called the insurance group back and told them that I would not sign the relase, and because I felt that they were intentionally deceptive, that I would not settle for the same amount. The insurance referred the letter to their counsel, who resent the agreement with revised language. The thing that troubles me is that the insurance companies counsel states "if you do not honor the previously agreed upon setllement with Commerce Bank, I will make the appropriate motion to enforce the settlement agreement in Court and sekk all attorney's fees and costs incurred by the Bank in bringing that application." Since I have not signed any agreement, and the one agreement stipulation that I had was not initially satisified, am I bound to accept their new agreement?
I am in the process of settling a claim against Commerce BanCorp regarding an accident that occurred at their site. I was accidentally given an explosive red dye pak that went off in the pocket of my trousers in the bank's parking lot. I was sent to the hospital for treatment then on to a specialty eye hospital for additional treatment. For a sum, I verbally agreed to setlle with the Bank, but with the clear point that I was not releasing the dye pak manufacturer or security team. The Insurance representative for the Bank, who is self-insured, sent a release that would have had me sign away my rights against any and all parties related to this accident. I called the insurance group back and told them that I would not sign the relase, and because I felt that they were intentionally deceptive, that I would not settle for the same amount. The insurance referred the letter to their counsel, who resent the agreement with revised language. The thing that troubles me is that the insurance companies counsel states "if you do not honor the previously agreed upon setllement with Commerce Bank, I will make the appropriate motion to enforce the settlement agreement in Court and sekk all attorney's fees and costs incurred by the Bank in bringing that application." Since I have not signed any agreement, and the one agreement stipulation that I had was not initially satisified, am I bound to accept their new agreement?