Casey-Westfield School District to Save Over $52,000 on Insurance Premiums
The Casey-Westfield CUSD C-4 Board of Education approved a new insurance package for the 2025-2026 fiscal year that will save the district more than $52,000 compared to the current year’s costs.
During its regular meeting on Monday, June 23, the board unanimously accepted a packaged proposal totaling $163,268. The renewal covers the district’s property/casualty, cyber liability, workers’ compensation, and student accident insurance policies. Superintendent Mike Shackelford presented the proposal, highlighting the significant decrease in premiums.
The final package represents a savings of $52,258 from the district’s current insurance costs. The coverage is provided through a combination of carriers, including the Illinois Counties Risk Management Trust, Beazley Insurance, and Gerber Life.
Board member Mike Fouty made the motion to accept the insurance package, with Board President Tracy Gelb seconding. The motion passed with a unanimous roll call vote from all members present: Gelb, Fouty, Erin Fain, Lisa Huddlestun, Jason Sharp, and Shane Todd. Member Becky Clement was absent.
Securing substantial savings on fixed costs like insurance can free up district funds for educational programming, facility maintenance, or other operational needs. While the board did not specify how the savings would be reallocated, the reduction in overhead is a significant positive development for the district’s fiscal health heading into the new school year.
The approval was one of several major financial decisions made during the meeting, which also saw the board adopt its amended fiscal year 2025 budget and approve numerous capital expenditures. The district is also preparing for a full reappraisal of its property and assets in early July to ensure accurate values for future insurance purposes.
Latest News Stories
Illinois sports wagers decline after implementation of new tax
Competing crypto plans create ‘narrow path’ for adoption
Congress used government funding bill to ‘erase’ $3.4 trillion in deficits
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums
County Employee Challenges Health Plan Accuracy at Board Meeting
Trump rolls back tariffs on over 200 foods in sharp reversal
Trump says $2,000 tariff rebate checks won’t come before Christmas
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax
Goldwater Institute sues Arizona attorney general for records
Illinois quick hits: Four officers injured during ICE protest
California asks court to end federalization of National Guard
ICE, Florida officers arrest 230, including 150 sex offenders