Nonprofits Insurance Alliance
CBS News Los Angeles explores the coming crisis to California foster family agencies, and the real-life impact on the children it will affect the most.
Some of California’s nonprofit foster family agencies (FFAs) are facing a potential shutdown as the company that provides insurance to 90% of the state’s FFAs announced it will not be renewing their policies. Rina Nakano reports.
California’s Nonprofit Foster Family Agencies Facing Potential Shutdown at CBS Los Angeles.
NIA Coverage Options for California FFAs After AB 2496
All California FFAs will have SSP, ISCPA and D&O coverages nonrenewed. Commercial Auto, CGL, and Property coverage will continue.
The Insurance Cliff Coming for California Foster Care
The fate of thousands of foster homes, and many of the approximately 9,000 children living in them, are in flux as California scrambles to find a solution to an insurability crisis.
Some in power are willing to let the California foster family system collapse rather than offend the plaintiff attorneys who contribute millions of dollars to keep the system broken.