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INSURANCERENEWED

East Maine School District 63 Regular Business Meeting Agenda 2026-06-04

Workers’ Compensation Insurance Renewed With CLIC

$186,133 (premium) with a $58,268 credit applied based on low claims historySchool Administrative District 63COLLECTIVE LIABILITY INSURANCE COOPERATIVE (CLIC)June 4, 2026

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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

The Board will renew workers’ compensation insurance coverage with the Collective Liability Insurance Cooperative (CLIC) for the 2026-2027 school year at a premium of $186,133. After applying a $58,268 credit for low claims, the effective cost is 7.79% lower than the current year.

Contract Details

Contract Amount

$186,133 (premium) with a $58,268 credit applied based on low claims history

Vendor

COLLECTIVE LIABILITY INSURANCE COOPERATIVE (CLIC)

Agency

School Administrative District 63, ME

Contract Type

INSURANCE

Document Date

June 4, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Annual renewal of CLIC workers’ compensation program; includes experience-based credit for low loss history.

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