New-Lenox-School-122.7

D122 Renews Insurance Policies for Nearly $490,000

Spread the love

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.

Leave a Comment





Latest News Stories

Illinois, Chicago residents rank high taxes as state’s top issue

Illinois, Chicago residents rank high taxes as state’s top issue

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – With the state now losing a resident to another state every nine minutes and more than...
Illinois quick hits: Illinois House members vote along party lines; More than 40% of CPS teachers missed 10 or more school days; State Treasurer says Bright Start earns gold

Illinois quick hits: Illinois House members vote along party lines; More than 40% of CPS teachers missed 10 or more school days; State Treasurer says Bright Start earns gold

By Jim Talamonti | The Center SquareThe Center Square Illinois House members vote along party lines Illinois U.S. House members voted along party lines as the chamber approved legislation to...
Meeting Briefs

Meeting Summary and Briefs: Will County Capital Improvements & IT Committee for November 4, 2025

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 The Will County Capital Improvements & IT Committee on Tuesday, November 4, 2025, reviewed a successful bond refinancing...
Glock: Judge’s OK of Chicago’s anti-gun lawsuit questionable, at best

Glock: Judge’s OK of Chicago’s anti-gun lawsuit questionable, at best

By Jonathan Bilyk | Legal NewslineThe Center Square Firearms maker Glock is asking for permission to appeal a Cook County judge's ruling allowing the city of Chicago to continue its...
Illinois quick hits: DHS responds to migrant release order

Illinois quick hits: DHS responds to migrant release order

By Jim Talamonti | The Center SquareThe Center Square DHS responds to migrant release order The U.S. Department of Homeland security issued a statement after a federal judge in Chicago...
Pritzker disagrees with Durbin on vote to end shutdown

Pritzker disagrees with Durbin on vote to end shutdown

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he is disappointed that Illinois U.S. Sen. Dick Durbin voted in favor of...
Pritzker open to conversation with Trump on alderman’s immigration proposal

Pritzker open to conversation with Trump on alderman’s immigration proposal

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A letter from a Chicago alderman to President Donald Trump could lead to conversation with Illinois Gov....
Meeting Briefs

Meeting Summary and Briefs: Mokena Community Public Library District Board of Trustees for September 2025

Mokena Community Public Library District Board of Trustees Meeting | September 2025 The Mokena Community Public Library District Board of Trustees centered its September 23 meeting on key financial planning,...
Meeting Briefs

Meeting Summary and Briefs: Village of Mokena Board of Trustees for October 27, 2025

Village of Mokena Board of Trustees Meeting | October 27, 2025 The Mokena Village Board took major action on finances and public safety during its meeting on Monday, October 27,...
Meeting-Briefs

Meeting Summary and Briefs: Mokena Fire Protection District for September 2025

Mokena Fire Protection District Meeting | September 2025 The Mokena Fire Protection District Board of Trustees on Tuesday, September 9, 2025, made a major financial decision regarding its emergency fleet,...
Meeting Briefs

Meeting Summary and Briefs: Will County Public Works & Transportation Committee for November 2025

Will County Public Works & Transportation Committee Meeting | November 2025 The Will County Public Works & Transportation Committee on Tuesday approved a landmark agreement to consolidate the Central Will...
Screenshot 2025-11-06 at 3.37.39 PM

Will County Committee Members Debate Future Capital Priorities, Clash on Borrowing

Will County Capital Improvements & IT Committee Meeting | November 4, 2025 Article Summary: After learning Will County could borrow over $100 million for new projects, members of the Capital Improvements...
Meeting Briefs

Meeting Summary and Briefs: Will County Planning and Zoning Commission for November 4, 2025

Will County Planning and Zoning Commission Meeting | November 4, 2025 The Will County Planning and Zoning Commission on Tuesday, November 4, 2025, considered a series of homeowner requests for...
Meeting Briefs

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025

Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025 The Will County Legislative Committee met on Tuesday, November 4, 2025, to continue developing its 2026 state and...
Screenshot 2025-11-05 at 4.18.41 PM

Will County Saves $5.7 Million in Bond Refinancing, Maintains High Credit Ratings

Will County Finance Committee Meeting | November 2025 Article Summary: A recent bond transaction successfully saved Will County over $5.7 million in future debt payments, while a presentation from the...