Under Florida law, how soon must insurers process a claim after receipt?

Under Florida law, insurers are required to acknowledge and respond to a claim within 14 days of receiving it and must pay, deny, or offer a settlement within 90 days after the claim is received. However, the stipulation regarding processing indicates that the initial claim must be addressed within 45 days if additional information is required to settle the claim. Therefore, the correct option indicates that insurers must respond promptly and provide a clear timeline for processing claims effectively. This requirement ensures that policyholders receive timely responses, helping to maintain transparency and efficiency in the claims process.

The other timeframes mentioned do not align with the specific statutory requirements. For instance, 30 days is insufficient as the law allows a full 45 days for processing before further actions are required. Similarly, 60 and 90 days extend beyond the requirement for initial responses and may not accurately reflect the actions insurers must take immediately after a claim is filed.