Comprehensive Income

6 Months Ended

Jun. 30, 2011

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Comprehensive Income Note [Text Block]

COMPREHENSIVE INCOME

Comprehensive income includes all changes in stockholders’ equity during the reporting period except those resulting from investments by stockholders and dividends to stockholders.

The following table sets forth the components of our comprehensive income (loss) and the related tax effects for the three-month periods ended June 30, 2011 and 2010:

	Three Months Ended June 30,
(In Thousands)	2011			2010
Net income (loss)	$	(17,914	)	$	13,931
Other comprehensive income (loss)
Change in net unrealized appreciation on investments	21,439			(3,455		)
Adjustment for net realized gains included in income	(1,124		)	(2,346		)
Adjustment for costs included in employee benefit expense	732			453
Other comprehensive income (loss), before tax	21,047			(5,348		)
Income tax effect	(7,366		)	1,858
Other comprehensive income (loss), after tax	13,681			(3,490		)
Comprehensive income (loss)	$	(4,233	)	$	10,441

The following table sets forth the components of our comprehensive income (loss) and the related tax effects for the six-month periods ended June 30, 2011 and 2010:

	Six Months Ended June 30,
(In Thousands)	2011			2010
Net income (loss)	$	(12,104	)	$	33,044
Other comprehensive income
Change in net unrealized appreciation on investments	22,939			18,022
Adjustment for net realized gains included in income	(3,777		)	(5,072		)
Adjustment for costs included in employee benefit expense	1,286			1,068
Other comprehensive income, before tax	20,448			14,018
Income tax effect	(7,157		)	(4,907		)
Other comprehensive income, after tax	13,291			9,111
Comprehensive income	$	1,187		$	42,155