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.
–
Latest News Stories
Frankfort Township Board Grants Supervisor Authority to Negotiate Real Property Development
Will County to Pay Enbridge $82,000 to Relocate Pipeline Equipment for Exchange Street Improvements
Laraway Road Widening Project in New Lenox and Frankfort Gets Additional $468,000 for Redesign
“Federal Policy Uncertainty” Blamed for Delay of Peotone Solar Farm; County Grants Second Extension
Will County Grants Extensions to Five Solar Projects Sold to New Developers
Will County Board Approves Controversial Drug Recovery Retreat in Crete Township
Meeting Summary and Briefs: Mokena Fire Protection District for August 2025
Meeting Summary and Briefs: Mokena Village Board for September 15, 2025
Mokena Board Approves Final Plat for 50-Home Boulder Ridge Phase IV Subdivision
Mokena Fire District Hiring, Deploys Drone to Assist Frankfort in Crisis
Meeting Summary and Briefs: Mokena Village Board for September 8, 2025
Mokena Board Greenlights Boulder Ridge Development Settlement