How long does an insurance company have to respond to a claim?

Each jurisdiction sets it's own regulations in regards to responding to a claim and settlement time allowed after a claim is Filed. In most jurisdictions a response or acknowledgemnt of a claim is required in 30 days of notification and an offer of settlement is required in 60 days unless extenuating circumstances apply. An inability to reach agreement between the Insurer and the Claimant on the amount of a loss automatically creates an extenuating circumstance.