summary
Introduced
01/28/2026
01/28/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
Passed
Dead
Introduced Session
Fifty-seventh Legislature - Second Regular Session (2026)
Bill Summary
AN ACT amending title 20, chapter 2, article 1, arizona revised statutes, by adding section 20-243; relating to the transaction of insurance business.
AI Summary
This bill requires insurance companies to respond to settlement demands from third parties within thirty days of receiving them, with the clock starting from the postmark date if mailed or the date of email or fax transmission. This provision aims to expedite the settlement process in insurance claims by setting a clear timeframe for insurers to review and address these demands, preventing unnecessary delays.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Senate minority caucus: Do pass (on 02/17/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/84968 |
| Analysis - SENATE FACT SHEET: 02/05/2026 FIN | https://apps.azleg.gov/BillStatus/GetDocumentPdf/536236 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1414p.htm |
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