SC H4670

Establishes requirements for time-limited settlement demands in personal injury, bodily injury, property damage, or wrongful death claims against tortfeasors with liability insurance policies.

Demands must be made in good faith, be reasonable in their terms, and provide the insurer with sufficient information to evaluate the claim.

Insurers must be given at least 30 days from receipt of the demand to provide a response.

Preserves the existing legal doctrine from Tyger River Pine Co. v. Maryland Casualty Co. (1931) regarding insurer liability for failure to settle.

Takes effect upon Governor's approval; introduced January 13, 2026 by Representatives W. Newton, C. Mitchell, and Henderson-Myers.