community_unit_school_district_no_1_board_minutes.pdf
PSIC Named Carrier for 2020-21 Insurance Program
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Description
The Board renewed its 2020-21 property, casualty, liability, auto, workers’ compensation, and student accident coverages with Prairie State Insurance Cooperative as the insurance carrier, in conjunction with First Mid Insurance Group. The annual premium is $283,382 for the term July 1, 2020 through June 30, 2021.
Contract Details
Contract Amount
$283,382.00 (premium increase of $57,538)
Vendor
PRAIRIE STATE INSURANCE COOPERATIVE (PSIC)
Agency
Charleston CUSD 1, IL
Contract Type
INSURANCE
Document Date
November 19, 2025
Contract Term
July 1, 2020 – June 30, 2021
Renewal Date
2021-06-30
Renewal Info
Third year renewal under a three-year insurance program originally bid in May 2018; annual renewals require Board approval.
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