Bill > SB903

This bill modifies provisions relating to settlement demands made to liability insurers. It defines key terms such as "extracontractual damages" and "settlement demand," and outlines the specific requirements for a settlement demand to be considered a reasonable opportunity for the insurer to settle the claim. The bill states that a settlement demand must be in writing, sent by certified mail, open for acceptance by the insurer for at least 90 days, and contain certain material terms. It also requires the claimant to provide relevant medical and employment records to the insurer. The bill applies to claims for personal injury, bodily injury, or wrongful death, and does not apply to offers or demands made within 90 days of a jury trial.