SB1414 mandates insurers to review and respond to third-party settlement demands within thirty days.

SB1414 amends Arizona law to require insurers to review and respond to third-party settlement demands within thirty days. The thirty-day period starts from the date shown by the postmark or other official mark of the United States Postal Service, or the date the demand was emailed or sent by fax. This provision aims to streamline the settlement process for third-party claims.

SB1414 mandates insurers to review and respond to third-party settlement demands within thirty days.

SB1414 amends Arizona law to require insurers to review and respond to third-party settlement demands within thirty days. The thirty-day period starts from the date shown by the postmark or other official mark of the United States Postal Service, or the date the demand was emailed or sent by fax. This provision aims to streamline the settlement process for third-party claims.