Todd

Insurance | Real Estate | Construction

Providing inside information on the insurance business with construction and real estate content mixed in

[Todd @tbrunoUA]

@elonmusk @nickshirleyy Let’s do California next…

[Todd @tbrunoUA]

The Great Realignment: What’s Next for Businesses — and Brokers

AI is no longer a tool — it’s an industry. Data centers are the new factories, and energy is the new currency. The biggest economic shift since the Industrial Revolution is underway.

Construction and energy are entering a historic boom, building the backbone of the AI era. White-collar sectors are contracting as automation takes over management and back-office work. And what follows construction and energy? Manufacturing — a resurgence powered by reshoring, robotics, and AI precision.

For insurance brokers, this is a defining moment. The winners won’t chase every account — they’ll pivot toward industries expanding and investing in the real economy.

Expertise is the new currency:
•Understanding energy risk and construction volatility opens doors.
•Knowing how to insure AI infrastructure, robotics, and advanced manufacturing sets you apart.

The economy is restructuring — and so must we. The brokers who adapt won’t just survive the shift… they’ll lead it.

[Dr. Alex Wissner-Gross @alexwg]

https://t.co/WepvhzVpIV

[Max Revenue @themaxrevenue]

3 easy ways to stand out as a Producer:

- Actually answer your phone
- Do what you say you’re gonna do
- Radical honesty even if it works against you

The bar is so low.

[Todd @tbrunoUA]

@mcuban What about the entrepreneurs that built businesses for decades and got wiped out the second China was allowed to join the WTO in 2001?

[Todd @tbrunoUA]

@bethanyjbabcock @shawngorham Me too, here in So Cal. Come get some

[Todd @tbrunoUA]

The reason for higher consumer prices is because the goods and services are being generated here in the US. This means more jobs, higher wages, benefits, etc. aka more blue collar middle class jobs.

Lower stock prices means less white collar jobs, better distribution of wealth, etc.

There will be some pain particularly this retiring in the next 3-5 years, but something’s got to give.

[Todd @tbrunoUA]

The Great Depression started before Smoot-Hawley and way before any of the repercussions of the Smoot-Hawley tariffs started taking place.

This is just not a fair analysis.

Unless you are trying to say we were already in a Great Depression prior to these tariffs then this just is comparing apples to oranges.

[Todd @tbrunoUA]

@GeorgeGammon Your analogies are just getting worse.

Let me try to understand:

Woman = US Consumer
Trans Woman (I think “man” in your analogy) = US Economy

Did I get that right?

😵‍💫😵‍💫😵‍💫

[Todd @tbrunoUA]

@GeorgeGammon Man, there’s just no pleasing you apparently….

[Todd @tbrunoUA]

I agree that saying “but why do other countries do it then” is a dumb argument.

But comparing reciprocal tariffs to Covid policies, central banks, and regulation is equally as dumb.

The strategy is far beyond the tariffs themselves, I find it strange that your getting so caught up on the tariffs part. You usually see the forest through the trees.

[Todd @tbrunoUA]

The Act wasn’t passed until 1930 and wasn’t really implemented and put into action until well into 1931. The market had already crashed, companies had already bankrupted, etc. before the act even began being implemented. Really tough to say that it was a “large” part. What is happening now is a night and day different scenario.

[Todd @tbrunoUA]

Insurance. When the economy is suffering we are generally in a hard market (higher premium = higher commission). When economy is booming we are generally in a soft market (low premiums, but high exposures = more commission). We are the first to feel the good times and last to feel the bad. 2008-2010 were rough but if you survived, you are good.

[Todd @tbrunoUA]

I wonder if Tesla bought TRIA coverage?

Certification of an Act of Terrorism: For a claim to fall under TRIA, the event must first be certified as an "act of terrorism" by the U.S. Secretary of the Treasury, in consultation with the Secretary of Homeland Security and the Attorney General. To qualify, the event must:
Be a violent act or an act dangerous to human life, property, or infrastructure.

Cause damage within the United States (or to certain U.S.-related entities abroad, like air carriers or vessels).

Be committed by an individual or group to coerce the U.S. civilian population or influence U.S. government policy.

Result in property and casualty insurance losses exceeding $5 million in the aggregate.

Additionally, the total insured losses must meet a threshold—currently, the "program trigger" is set at $200 million in aggregate losses (as of the latest updates) for federal involvement to kick in.

[Todd @tbrunoUA]

@propertyINSguy @ryring Interesting, haven’t seen any yet

[Todd @tbrunoUA]

I still think the only solution to the CA property insurance market is for the carriers to go to a % deductible option. It will be the only way for carriers to get comfortable writing coverage again.

I'm sure there are many homeowners that would be willing to take on a % deductible option just like earthquake instead of being stuck with the fair plan, it just isn't an option right now.

[Todd @tbrunoUA]

@someinsurance An HOA is trying to get coverage but are insured at $35/sq ft and are shopping because they can't afford their current insurance. 🙃

[Todd @tbrunoUA]

@drcarot Hahaha

[Todd @tbrunoUA]

@TheRiskResource And rising insurance costs. My transportation clients are getting crushed on premiums for auto.

[Todd @tbrunoUA]

@BrokerSteve412 The amount of hours wasted by explaining coverage to these people is unfathomable. I could get hours maybe days back of time if they never existed