This bill replaces the term "time-limited demand" with "settlement demand". The bill specifies that, in any lawsuit alleging damages outside of what is covered in the contract against the tort-feasor's liability insurer, any prior settlement demand to settle a claim will not be considered to have been a reasonable opportunity to settle the claim unless the demand was in writing, referenced Section 537.058, RSMo, was sent certified mail, remained open for acceptance by the liability insurer for at least 90 days from the date the demand was received by the insurer, and contained certain material terms specified in the bill.