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