fairview_heights_administration_committee_minutes.pdf
2026 IML Risk Management Insurance Renewal Reviewed
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Description
The committee reviewed the 2026 IML Risk Management Insurance renewal for workers' compensation and risk management, with an annual premium of $578,137 or $572,370.63 if paid early. IML currently serves about 70% of Illinois communities.
Contract Details
Contract Amount
$578,137 (reduced to $572,370.63 if paid early)
Vendor
IML
Agency
City of Fairview Heights city, IL
Contract Type
INSURANCE
Document Date
November 12, 2025
Contract Term
2026 policy year
Renewal Date
2026-12-31
Renewal Info
Annual renewal of risk management and workers' compensation coverage with IML; early payment option lowers the annual premium. Future renewals are expected on a yearly basis.
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