Relating to presuit notice associated with certain insurance claims for property damage.

SB 2978 requires property insurance claimants to specify in their presuit notice the exact amount they will accept as full payment for property damage claims. If an insurer pays this amount within the required timeframe (as outlined in the Insurance Code), the claim is settled without further legal action. The bill applies only to claims where a lawsuit is filed on or after its effective date, which is September 1, 2025, unless it receives a two-thirds vote for immediate effect. This change modifies the presuit notice process to clarify settlement terms for property insurance disputes.