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Kin Insurance, Inc. is an American technology company founded in 2016. The company offers home insurance through its data-driven platform. Coverage is issued through the Kin Interinsurance Network and the Kin Interinsurance Nexus Exchange. Kin Insurance surpassed $1bn valuation and gained unicorn status. [1] [2] [3] [4]
Kinship care is a term used in the United States and Great Britain for the raising of children by grandparents, other extended family members, and unrelated adults with whom they have a close family-like relationship such as godparents and close family friends because biological parents are unable to do so for whatever reason.
A major insurer says that because of the cost of sex abuse claims, it can no longer cover foster family agencies. Thousands of kids could be uprooted.
Thousands of foster children in California will soon be at risk of losing their current homes because of yet another insurance crisis the state must solve.
The other part of the debate is more financially motivated, as residential child care facilities are more costly than foster care, adoption, wrap-around services and kinship care. [17] Studies show that the foster system can cause and enforce mental issues, as every additional movement a child has to go through increases the probability of these.
In 2020, there were 407,493 children in foster care in the United States. [14] 45% were in non-relative foster homes, 34% were in relative foster homes, 6% in institutions, 4% in group homes, 4% on trial home visits (where the child returns home while under state supervision), 4% in pre-adoptive homes, 1% had run away, and 2% in supervised independent living. [14]
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The Foster Care Independence Act of 1999 (Pub. L. 106–169 (text), 113 Stat. 1882, enacted December 14, 1999) was signed into law by President Bill Clinton on December 14, 1999. [2] The Act includes provisions relating to foster care and the OASDI and SSI programs. [3] [4] It also assists World War II veterans by providing special cash ...