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
Meeting Summary and Briefs: Will County Public Works & Transportation Committee for November 2025
Will County Committee Members Debate Future Capital Priorities, Clash on Borrowing
Meeting Summary and Briefs: Will County Planning and Zoning Commission for November 4, 2025
Meeting Summary and Briefs: Will County Legislative Committee for November 4, 2025
Will County Saves $5.7 Million in Bond Refinancing, Maintains High Credit Ratings
Meeting Summary and Briefs: Joliet Junior College Board of Trustees for October 2025
New Lenox Approves Solar Subscription, Projects Over $100,000 in Annual Savings
Will County Saves Nearly $5.74 Million in Bond Refinancing, Explores Future Borrowing Options
Meeting Summary and Briefs: New Lenox Fire Protection District for September 2025
Will County Board Advances New Speed Limits in Green Garden and Frankfort Townships
New Lenox Garage Variance Denied After Neighbor Cites ‘Massive’ Scale and Neighborhood Impact
JJC Celebrates “Future Wolves” Partnerships with Joliet and Troy School Districts
Meeting Summary and Briefs: New Lenox School District 122 for September 2025