Financial Strength

Partnering through the Pool Brings Financial Strength.

Strength in Numbers

The Risk Pool is able to provide long-term financial strength and stability because its team of members, all partnering together, is vast:

  • Over 96% of Texas cities are contributing members of the Pool;
  • Over 200,000 public servants covered for workers' compensation through the Pool; and
  • Over $45 billion in governmental property is covered by the Pool.

Proven Long-Term Stability

The Risk Pool has earned its members’ trust by providing reliable, unwavering coverage — at stable rates — for over 40 years.

The true strength of the Pool has been apparent in recent years during unprecedented challenges faced by the state. From hail storms to hurricane flooding, Texas local governments have endured catastrophic property losses. The Pool has successfully addressed these losses for both the short and long term, reassuring members that partnering together through the Pool will carry them through tough times.

This partnership has outlasted private insurance companies and brokers that abandon local governments and spike rates as quickly as profits shift. The Risk Pool has stood steady, proving its loyalty to members and its ability to withstand catastrophic losses.

Stable, Economic Rates

Texas local governments work hard to spend their public funds wisely, and the Risk Pool shares that goal. From year to year, our team of underwriters and financial officers ensure that our rates remain stable and low, allowing members to anticipate costs and stay within their budgets. Taxpayer dollars are well spent on robust coverage, customized resources, and governmental support at a value found nowhere else. Contact us to get a quote, or to discuss a comparison of market rates with your local Pool representative.

Expert Financial Management

The Pool protects its strength through expert management of finances. The Pool’s financial statements are publicly available and annually audited. On December 20, 2016, auditor Johnson Lambert LLP issued its Report of Independent Auditors and concluded that the Pool’s financial statements presented fairly, in all material respects, the respective financial positions of each major fund of the Pool as of September 30, 2016 and 2015, and the respective results of operations and cash flows thereof for the years then ended in conformity with accounting principles generally accepted in the United States of America. The Pool’s Annual Report is publicly available and contains the Pool’s financial statements, the auditor’s letter, reinsurance information, and more. For example, the Risk Pool maintains an investment portfolio that bolsters our financial strength. The performance of these investments is managed by the Pool’s financial officers and is monitored by its Board of Trustees. The Pool manages the portfolio in compliance with the Pool’s investment policy and the Texas Public Funds Investment Act. The investment policy includes investment objectives, a list of authorized investments, policy guidelines, and portfolio evaluation and reporting standards. The Public Funds Investment Act and the Pool’s investment policy are conservative with the primary objective being preservation and safety of principal. For the year ending September 30, 2016, the Pool had no existing or pending long-term or short-term debt financing activities for the current or preceding year. The Pool could, if needed, secure and utilize debt financing; however, in its 42-year history, the Pool has not used debt financing as a means to fund any portion of the Pool’s initial or ongoing operations. Please see the documents below for further details about the Pool’s finances.

Requests for Proposals

By submitting a RFP or an IFB, you are agreeing to all terms and conditions contained therein. TMLIRP reserves the right to reject any or all offers.

Contact the Finance Staff

Please submit general Finance inquiries via email to

Partnering with Texas Local Governments Since 1974

Contact Us
(800) 537-6655
PO Box 149194
Austin, Texas 78714

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© 2018 Texas Municipal League Intergovernmental Risk Pool