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
Supreme Court declines to hear public prayer case
Supreme Court to decide immigration asylum case
Illinois quick hits: Armed robbery charges after incident at Senate President’s office
Michigan school board passes controversial sex ed policies
Everyday Economics: Jobs data returns as government reopens
Meeting Summary and Briefs: Will County Land Use & Development Committee for November 6, 2025
Committee Rejects Rezoning for Fencing Company in Joliet Township
Supreme Court case could have major effect on 2026 midterms
In Month of ‘Tragic Loss,’ Manhattan School District Mourns Students and Former Board Member
County Sales Tax Revenues Strong, Cannabis Funds Dispersed to Community Programs
Illinois sports wagers decline after implementation of new tax
Will County Committee Grants Extensions for Crete, Washington Township Solar Projects
Competing crypto plans create ‘narrow path’ for adoption