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Meridian School District Property and Casualty Insurance Renewal Executive Summary 2026-06-12

Board Recommended to Renew Insurance with CLIC for $192,336

$192,336Meridian CUSD 223COLLECTIVE LIABILITY INSURANCE COOPERATIVEJune 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Meridian School District administration recommends renewal of its property and casualty insurance for the upcoming fiscal year with the Collective Liability Insurance Cooperative (CLIC) at a cost of $192,336. The renewal reflects increases due to expanded assets and fleet, with savings from strong risk management performance. Approval will maintain coverage for school buildings, vehicles, and board operations.

Contract Details

Contract Amount

$192,336

Vendor

COLLECTIVE LIABILITY INSURANCE COOPERATIVE

Agency

Meridian CUSD 223, IL

Contract Type

INSURANCE

Document Date

June 12, 2026

Contract Term

upcoming fiscal year

Renewal Info

Annual renewal; includes actuarial credits and revised rates based on district's loss performance. Pending board approval.

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