GA SB502

Establishes formal procedural requirements for claimants making offers to settle tort claims involving liability insurance policies in Georgia, amending Chapter 4 of Title 33 of the Official Code of Georgia Annotated

Requires claimants to serve settlement offers on insurers by hand delivery, certified mail, or statutory overnight delivery and allow the insurer at least 60 days to respond

Mandates that settlement offers include full copies of the claimant's medical, pharmacy, therapy, and treatment records and billing statements in the claimant's or attorney's possession, along with an executed HIPAA-compliant medical release

Any settlement offer that fails to comply with all specified requirements cannot give rise to a claim—under statutory or common law—for bad faith or negligent failure to settle against the insurer or tortfeasor

Does not affect the provisions of Code Section 9-11-68, which governs offers of settlement in civil actions more broadly