South Carolina's new Tort Reform and Liquor Liability law, which aims to lower insurance costs for businesses that serve alcohol, is causing some small businesses to close. The law requires anyone serving alcohol on the premises after 5 p.m. to get general liability insurance with an annual claims limit of $1 million and also requires licenses for special events where alcohol will be served. This has led to increased insurance prices for small businesses, with some businesses seeing their insurance prices increase more than 20 times what they were in 2017. Local lawmakers are urging a change in the law, particularly from lawmakers who believe it can be resolved quickly.