First Cardinal Forms The CompPAC Trust of Texas

First Cardinal of Texas Ltd. announced the merger of two of its largest workers’ compensation trusts into a single entity, CompPAC Trust of Texas, effective Jan.1, 2006.

The CompPAC Trust of Texas combines the membership and assets of two successful self-insurance groups: the TACCA Workers’ Compensation Trust, founded in October 2004, and the PHCC of Texas Workers’ Compensation Trust, founded in January 2005. The Texas Department of Insurance approved the merger on Jan. 13, 2006.

Co-sponsored by the Texas Air Conditioning Contractors Association and the Associated Plumbing-Heating-Cooling Contractors of Texas, The CompPAC Trust of Texas is the only workers’ compensation self-insurance group program designed exclusively for the Texas plumbing and HVAC/R contracting industries, according to First Cardinal.

Administered by First Cardinal of Texas Ltd., The CompPAC Trust of Texas accepts submissions from all licensed property and casualty agents in Texas.

For more information on this and other First Cardinal of Texas programs, visit www.FirstCardinal.com and click on the Agents/Brokers tab.

First Cardinal of Texas is an affiliate of First Cardinal Corporation, the largest administrator of workers’ compensation programs in the Northeast, presently operating in the states of New York, Massachusetts, New Hampshire, Illinois, Connecticut and Vermont.

Participation in a self-insurance group is not the equivalent of purchasing an insurance policy. Employers should first examine all relevant documents required for participation.