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 Township Board Objects, but County Commission Recommends Bar with Video Gaming
Frankfort Board Approves New Dump Truck Purchase, Sale of Surplus Vehicles
Frankfort Approves Over $203,000 for Holiday Lighting Contract
Meeting Summary and Briefs: Summit Hill School District 161 for October 15, 2025
Will County Committee Grapples with $8.9 Million Budget Gap After Contentious 0% Tax Levy Vote
Will County Committee Grapples with $8.9 Million Budget Gap After Contentious 0% Tax Levy Vote
New Lenox Solar Farm Proposal Advances with Conditions, Following Village and Forest Preserve Input
Frankfort Earns Clean Audit, Receives National Finance Award for 35th Consecutive Year
Poll: Young adults not confident in 2026 election fairness
Narco interdiction at sea isn’t new, CBP, Coast Guard have been doing it for years
Government shutdown halts visa, permanent resident approvals
Frankfort Approves Plan for 43-Home First Phase of Stalled Country Crossing Subdivision