Liability insurance rates are having a substantial impact on South Carolina’s businesses. Let’s talk about it.
Join us for a Town Hall Meeting at Rack N Roll in Laurens on Thursday, July 27, 2023. We will share what we’ve learned about the cause of the increase and what we can do to stop the SC Venue Crisis.
Here are the basics…
Current SC law can leave a defendant on the hook for all damages in a lawsuit regardless of their percentage of fault, which has driven insurance carriers away from our state. Reduced availability of affordable coverage is causing many small businesses to close. Bill 116 penalizes small businesses, while a handful of trial attorneys reap the benefits. Small venues and bars will continue to close without lawsuit reform, causing a trickle effect throughout SC’s tourism and service industries.
BTW… The South Carolina Save Our Venues Act is one solution to this costly problem. Invite your friends, bands, small business owners, and others who enjoy our hospitality industry.