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
Pacific region sees higher inflation than national average
Frankfort Approves Over $19 Million in Surplus Fund Transfers for Future Projects
Frankfort Advances Plans for New Multi-Use Paths to Boost Pedestrian Safety
Frankfort Police Department to Purchase New Portable Radios for $31,000
Legislative committees advance CA redistricting legislation
Meeting Summary and Briefs: Village of Frankfort Board for August 18, 2025
California schools protect students from ICE agents
White House touts D.C. crackdown; no timeline on National Guard deployment
Security clearances of 37 former, current intel professionals revoked
USDA reverses use of taxpayer dollars to fund solar panels on farmland
Governor defends mental health mandate, rejects parental consent plan
Major U.S. retailer reverses course on tariffs, says prices will go up