| Many Americans have many more complaints | | | | provisional program that makes sure both |
| with the American government and | | | | citizens and insurance companies are |
| politics, and how ill-prepared the | | | | prepared - as prepared as can be - in |
| government was for helping American | | | | the event of a terrorism attack. TRIA |
| citizens before, during, and after | | | | does this by guaranteeing that the |
| Hurricane Katrina struck is only one | | | | federal government will share the costs |
| example. However, it is apparent that | | | | of losses due to terrorism attacks with |
| the American government and the politics | | | | insurance companies. This helps ensure |
| that surround it are not just sitting | | | | that insurance companies will not, for |
| around waiting for the next disaster to | | | | lack of better terms, run out of money. |
| strike - they have been making | | | | It also helps ensure that American |
| preparations, and not just for natural | | | | citizens provided with the help they |
| disasters such as hurricanes. | | | | needs, as well as be compensated for |
| Natural disasters are not the only | | | | their losses. |
| emergencies in which organizations have | | | | Insurance companies were not adequately |
| been founded to help citizens when | | | | prepared for the financial losses that |
| insurance policies are nonexistent, or | | | | resulted from the September 11, 2001 |
| not enough; organizations such as the | | | | terrorist attacks, and had to rely |
| Federal Emergency Management Agency, | | | | heavily on reinsurers, companies that |
| better known as FEMA, have stepped in | | | | make available insurance to insurance |
| and helped during troubled times. | | | | companies, to help pay the cost of |
| However, past terrorist attacks, and | | | | damages. Now that TRIA is in effect, |
| present risks of terrorist attacks, have | | | | insurance companies are at less risk for |
| prompted the federal government to get | | | | being inadequately funded. Plus, the |
| involved and pass the Terrorism Risk | | | | time it takes to underwrite an insurance |
| Insurance Act, also known as TRIA. | | | | policy is reduced since the losses have |
| TRIA may not be an organization like | | | | been reduced. |
| FEMA, but the act is designed arrange a | | | | |