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
Large Wisconsin data center tax breaks make benefits unclear
Panelists debate costs of energy legislation as Illinoisans struggle to pay bills
Hearing held after report on tax money funding woke ideology in nonprofit hospitals
Senate rejects both Republican and Democrat govt funding stopgaps, risking a shutdown
Human remains found near Leavenworth believed to be Travis Decker
House passes government funding patch, sending over to Senate
Illinois quick hits: ICE protests in Broadview; Edgar funeral services this weekend
WATCH: Pritzker’s office ‘troubled’ by ‘peacekeeper’ photo; 2 years of cashless bail
Will GOP act on $124B in Medicare insurance fraud?
New Lenox Food Pantry Sees Summer Demand Rise, Braces for Back-to-School Needs
What a terrorist designation could mean for Antifa
WATCH: Report says national student debt is over $1.6 trillion