Using recognized industry experts as actuaries and as auditors, the TML Pool has achieved recognition as a financially sound, professionally managed organization. Rates are actuarially projected to provide adequate funding to cover loss reserves and expenses, as well as building contingency reserves. Loss reserves are actuarially certified in accordance with sound risk financing practices. Excerpts from the latest audited financial statements for the TML Pool are mailed to Pool members in December of each year and are available upon request to members at other times.

A part of your premium is used to establish a loss fund for payment of claims. Another part of your premium is used to purchase reinsurance to cover losses that exceed the Pool's loss fund. The reinsurance is purchased to protect the Pool in a worst case scenario.

Through sophisticated long term financial forecasting, the TML Pool has determined a current surplus level that will enable the Pool to maintain its financial stability. Surplus in excess of this level is being returned to the membership through various programs, including full package bonuses, underwriting credits, member dividend credits, and our 20^th anniversary refund.