ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Dec. 31, 2020

Components of Accumulated Other Comprehensive Income (Loss)

The following table shows the changes in the components of our accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2020, 2019 and 2018:


			Liability for
	Net unrealized		underfunded
	appreciation		employee
	on investments		benefit costs		Total
Balance as of January 1, 2018	$	214,865	$	(46,551)	$	168,314
Cumulative effect of change in accounting principle	(191,244)		—		(191,244)
Change in accumulated other comprehensive income before reclassifications	(33,564)		20,155		(13,409)
Reclassification adjustments from accumulated other comprehensive income	620		5,247		5,867
Balance as of December 31, 2018	$	(9,323)	$	(21,149)	$	(30,472)
Change in accumulated other comprehensive income before reclassifications	55,399		(16,530)		38,869
Reclassification adjustments from accumulated other comprehensive income	1,203		3,552		4,755
Balance as of December 31, 2019	$	47,279	$	(34,127)	$	13,152
Change in accumulated other comprehensive income before reclassifications	37,173		14,580		51,753
Reclassification adjustments from accumulated other comprehensive income	(1,382)		3,388		2,006
Balance as of December 31, 2020	$	83,070	$	(16,159)	$	66,911