FL H0005

Requires insureds, claimants, or persons acting on their behalf to provide written notice of loss to insurers as a condition precedent to filing a third-party bad-faith failure to settle claim.

Provides insurers immunity from bad-faith liability if they comply with disclosure statement requests and offer to pay within 45 days of receiving notice of loss the lesser of the claimant's acceptable amount or policy liability limits in exchange for a full release.

Applies the bad-faith provisions of section 624.155 to medical malpractice insurer cases under section 766.1185 unless specifically controlled by that section.

Takes effect July 1, 2016.