Valley Schools was created in 1987 by school districts pursuant to ARS 11-952 as an Arizona nonprofit corporation to allow public entities to jointly purchase insurance and pool insurance risks. The Valley Schools Management Group (VSMG) is an Arizona nonprofit corporation which provides professional management of insurance pools. VSMG has several trusts and pools it manages, including the Valley Schools Worker’s Compensation Group (VSWCG), the Valley Schools Insurance Group (VSIG) which handles liability insurance, and the Valley Schools Employee Benefits Group (VSEBG) which provides health, dental, life, short term disability, vision, COBRA, and more. HPACT stands for Health Programs for Arizona Cities, Counties, and Towns. HPACT is a Valley Schools-exclusive program crafted for the unique employee benefits needs of Arizona governmental agencies.