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CES95 approves property/casualty and workers' comp renewals; renews treasurer's bond
Summary
The board approved a $179,934.16 property/casualty policy, $95,660.32 workers' compensation coverage and renewed the treasurer's bond ($3,000,000 coverage, $2,500 premium) for 2025–26.
The Carbondale Elementary School District No. 95 board approved insurance renewals and the treasurer's bond during its June 26 meeting.
The board approved purchase of property/casualty insurance with Prairie State Insurance Cooperative in the amount of $179,934.16 for coverage from July 1, 2025, to July 1, 2026, and approved workers' compensation insurance with Prairie State for $95,660.32. The board also approved renewal of the Treasurer's Bond in the amount of $3,000,000 with M&M Insurance Agency, Inc., underwritten by Ohio Casualty Insurance Company, at a premium of $2,500.
All motions carried by roll-call votes with unanimous yes votes. The approvals authorize the Business Office to finalize the policies and process payments for the 2025–26 coverage year.
