5 Smart Tips For Getting Your Small Business Loan Approved

Get Business Loan Approved

In an ideal scenario where every business person has all of the resources they need, turning a great business concept into a massive success would be a breeze. However, as we’re all aware, this is not the case. Consequently, many small business owners turn into small business loans to support their business ventures. However, not every loan application gets approved. “Getting a small business loan application approved may be as confusing for small business owners as the tricks in a magic show. However, the process becomes a lot simpler with…

Read More

Insurers and licensees alike concerned over Michigan cannabis liability insurance

Cannabis liability insurance - cannabis growers

The state’s new legislation could force insurers and licensees to suddenly jump through complex hoops. Michigan’s new cannabis liability insurance legislation has now become effective and may unintentionally force companies and their insurers in the state to have to scramble to ensure they are compliant with the mandatory and complex changes. The state moved forward in quite a surprising way with the requirements without consulting the insurance industry. The Michigan cannabis liability insurance regulations went into effect quite suddenly without consultation with the insurance industry on the mandates’ feasibility. Many…

Read More

Iowa crop insurance discount applications must be submitted soon

Crop insurance - Crops

State Secretary of Agriculture Mike Naig is reminding farmers of the January 14th deadline. Iowa Secretary of Agriculture Mike Naig has released a reminder to farmers and growers across the state who intend to apply for the crop insurance discount in the state. The deadline of January 14 is rapidly approaching, and Naig is reminding those who plant cover crops to apply on time if they believe they are eligible. Eligible applicants will receive a discount of $5 per acre discount on their spring premiums. Applicants eligible for the discount…

Read More

Over 100 insurance companies sue ERCOT and 37 Texas power generators

Insurance companies - gavel

The insurers filed their lawsuit over the winter storm losses they incurred in February 2021. Over one hundred insurance companies have filed a lawsuit against the Electric Reliability Council of Texas (ERCOT) and 37 other power generators over the property damage and other losses sustained during the February 2021 winter storm. The lawsuit was filed in Travis County District County, labeling the power entities as “at fault”. The insurance companies allege in the lawsuit that ERCOT and 37 other power generators were “at fault” for the grid failure and losses…

Read More

Mercury prepares to roll out California small business insurance

California small business insurance - people with small business

The company’s new policy for entrepreneurs is designed to provide flexible coverage options. Mercury Insurance has announced that it will be selling California small business insurance for entrepreneurs in the state with restaurants, retail stores, professional services or medical offices. This is the insurer’s most recent offering from its CMP line, created with quick quotes in mind. The CMP line at Mercury provides entrepreneurs with California small business insurance quotes quickly and conveniently, with options to tailer their coverage packages to the specific needs of their companies. “As the economy…

Read More

Mercury Insurance company chooses artificial intelligence underwriting tools

Insurance company - AI technology

The insurer has chosen to adopt the CAPE Analytics AI property solutions into its workflows. The Mercury Insurance company has chosen a new suite of property artificial intelligence solutions from CAPE Analytics to incorporate into its underwriting workflows. The insurer will use this AI solution to apply a property’s qualities and risk scores. The new artificial intelligence suite from CAPE Analytics will allow the insurance company to use a property’s characteristics and risk scores to instantly assess an individual property’s risk across all the states in which the insurer operates,…

Read More

From Insurance to Marketing: How to Save Your New Business Money

Business Marketing

The world’s most successful entrepreneurs understand the importance of saving every penny possible in business. It doesn’t matter if you’re running a home-based start-up or an international organization; it is crucial to adopt a frugal mindset to enjoy substantial revenue and growth. If you are new to an industry, you are likely eager to maximize your finances to avoid money issues and generate a healthy profit margin. Knowledge is power when it comes to business, which is why you should read the following advice on how to save your new…

Read More