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 Approves Liquor License for New Frankfort Chop House
Will County Board Rejects Proposed Tax Hike, Approves 0% Levy Increase in Contentious Vote
Lincoln-Way Support Staff Union Rejects Tentative Contract Agreement
Meeting Summary and Briefs: Will County Board Legislative Committee for October 7, 2025
Frankfort Honors Hickory Creek Middle School Girls’ Softball Team for Fifth State Title
Summit Hill 161 Sees Major Gains on State Report Card
Will County Board Committee Passes Contentious ‘Live and Work Without Fear’ Resolution on 4-3 Vote
Will County Awards $10.4 Million Contract for Bell Road Widening in Homer Glen Area
Meeting Summary and Briefs: Will County Public Works & Transportation Committee for October 7, 2025
Meeting Summary and Briefs: Will County Board Finance Committee for October 7, 2025
Meeting Summary and Briefs: Will County Board Capital Improvements & IT Committee for October 7, 2025
Meeting Summary and Briefs: Will County Board Public Health & Safety Committee for October 2, 2025
Will County Shapes 2026 Federal Agenda, Prioritizing Health, Housing, and Workforce Funding
Meeting Summary and Briefs: Will County Board Executive Committee for October 9, 2025