D122 Renews Insurance Policies for Nearly $490,000
The New Lenox School District 122 Board of Education has renewed its property/casualty and worker’s compensation insurance policies for the 2025-2026 school year, with total costs amounting to nearly $490,000.
The board approved both renewals with the Collective Liability Insurance Cooperative (CLIC), a group of hundreds of Illinois school districts that pool resources to purchase insurance coverage at affordable rates. The upcoming school year will mark the district’s third year as a member of the cooperative.
The property and casualty insurance renewal comes at a total cost of $353,358. This policy covers the district’s buildings, property, and various forms of liability.
The worker’s compensation insurance policy was renewed for a total cost of $133,731. According to a pricing comparison sheet from CLIC, this represents a 1.6% decrease from the previous year’s cost of $135,873. The reduction is partly due to a 2.3% decrease in the modified premium, despite a 3.5% increase in the district’s total payroll.
Business Manager Robert Groos presented both renewals to the board. The measures were approved unanimously as part of the consent agenda, following a motion by board member Bill Pender and a second by Vice President David Rush.
–
Community Events
Latest News Stories
Abbott designates Muslim Brotherhood, CAIR as foreign terrorist organizations
Judge blocks feds from freezing California education funding
Texas appealing El Paso court ruling against new congressional maps
Elections board drops campaign finance fines against IL Senate President
Illinois corrections officials say they are on schedule for prison mail scan rule
DOJ probes Berkeley riot; Illinois TPUSA warns hostility isn’t just in California
‘Consequential’ day ahead for future household electricity costs
WATCH: Chicago committee rejects proposed tax hikes; Hemp industry wants regulation
Illinois quick hits: Bipartisan BABES Enhancement Act ready for Trump
Chicago council committee rejects mayor’s proposed tax hikes
Illinois quick hits: Elections board considers primary election petition objections
193 youth in care of Illinois’ child welfare agency missing in 2025
Hemp industry advocate promises to work with Pritzker, lawmakers