Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Rollforward of accumulated other comprehensive income (loss)

The following table presents the rollforward of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2020 and 2019: 

	Three Months Ended September 30,
	2020						2019
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of period	$	144,225	$	(23,827)	$	120,398	$	56,122	$	(10,762)	$	45,360
Other comprehensive income (loss):
Unrealized holding gains (losses) on investments:
Unrealized holding gains arising during the period	16,159		(3,910)		12,249		22,160		(3,883)		18,277
Less: Reclassification adjustment for gains included in net income (1)	(267)		54		(213)		(1,153)		243		(910)
Net unrealized gains on investments	15,892		(3,856)		12,036		21,007		(3,640)		17,367
Other comprehensive income	15,892		(3,856)		12,036		21,007		(3,640)		17,367
Balance at end of period	$	160,117	$	(27,683)	$	132,434	$	77,129	$	(14,402)	$	62,727
	Nine Months Ended September 30,
	2020						2019
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of year	$	69,401	$	(13,214)	$	56,187	$	(33,276)	$	4,283	$	(28,993)
Other comprehensive income (loss):
Unrealized holding gains (losses) on investments:
Unrealized holding gains arising during the period	92,849		(14,851)		77,998		112,801		(19,165)		93,636
Less: Reclassification adjustment for gains included in net income (1)	(2,133)		382		(1,751)		(2,396)		480		(1,916)
Net unrealized gains on investments	90,716		(14,469)		76,247		110,405		(18,685)		91,720
Other comprehensive income	90,716		(14,469)		76,247		110,405		(18,685)		91,720
Balance at end of period	$	160,117	$	(27,683)	$	132,434	$	77,129	$	(14,402)	$	62,727

(1)Included in net realized investment gains (losses) on our condensed consolidated statements of comprehensive income.