insurance; time-limited offer; settlement demand

SB 1414 requires Arizona insurers to review and respond to settlement demands from third-party injury claims within 30 days. This directly affects insurers and claimants (such as people injured by others) who submit or receive such demands. The bill specifies that the 30-day clock starts on the postmark date for mailed demands or the email/fax transmission date. If a dispute arises about compliance, insurers can prove the date with evidence. The bill is currently pending in the Arizona Senate after its first two readings.