Indiana Insurance v. Margotte

OPINION

GARRARD, Judge

Case Summary

Indiana Insurance Company (“Indiana”) and Citizens Bank of Vincennes (“Citizens”) appeal the trial court’s denial of their respective motions for summary judgment. We reverse and remand.

Issues

Indiana and Citizens present several issues on appeal, but we address only the following dispositive issues:

I. whether the settlement agreement between Indiana and the Margottes is a binding contract; and

II. whether Indiana fully performed under the settlement agreement.

Facts and Procedural History

On May 7, 1994, Joseph and Jean Mar-gotte were passengers in a vehicle that…