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.
–
Mostly Sunny
Latest News Stories
Will County Executive Committee Backs Funding Pursuit for $2.33 Million Harris Drive Property Buyouts
Will County Division of Transportation Requests $1 Million Increase to Highway Levy to Combat Inflation
Will County Hears Proposal to Establish County-Focused Land Bank for Distressed Properties
Will County Executive Committee Recommends 600 MW Pride of the Prairie Solar Project in 6-5 Split Vote
Aging Systems and Judicial Mandates Drive Significant FY2027 Budget Requests for Will County Courts and Sheriff
Meeting Summary and Briefs: Will County Planning and Zoning Commission for May 5, 2026
Meeting Summary and Briefs: Will County Board Public Works & Transportation Committee for May 5, 2026
Will County Legislative Committee: Pushes Forward with Ban on Cryptocurrency Kiosks
Will County Health Department Warns of Potential Federal Funding Cuts and Rising Healthcare Costs for FY2027
Highland Liquors Cleared for Video Gaming Expansion Following Zoning Approval
Access Will County Dial-A-Ride Reports Massive Growth After Consolidating Paratransit Services
Legislative Committee Advances Resolution Opposing Kidney Disease Treatment Delegation Act
Commission Approves Massive Lake Michigan Water Infrastructure Project for Troy Township
Committee: Capital Improvements Committee Weighs $300 Million Options for Downtown Joliet Campus