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