Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2022

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

Schedule of Rollforward of Accumulated Other Comprehensive Income (loss)

The following table shows the rollforward of accumulated other comprehensive income (loss) for the year ended December 31:

	2022						2021
(In thousands)	Before Tax		Tax Effect		Net of Tax		Before Tax		Tax Effect		Net of Tax
Balance at beginning of year	$	65,280	$	(14,573)	$	50,707	$	168,324	$	(30,050)	$	138,274
Other comprehensive income (loss):
Unrealized holding (losses) gains on investments:
Unrealized holding (losses) gains arising during the year	(521,682)		75,118		(446,564)		(94,986)		13,858		(81,128)
Less: Reclassification adjustment for losses (gains) included in net income (1) (2)	13,172		(105)		13,067		(8,058)		1,619		(6,439)
Net unrealized (losses) gains on investments	(508,510)		75,013		(433,497)		(103,044)		15,477		(87,567)
Other comprehensive (loss) gain	(508,510)		75,013		(433,497)		(103,044)		15,477		(87,567)
Balance at end of year	$	(443,230)	$	60,440	$	(382,790)	$	65,280	$	(14,573)	$	50,707

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

(2)2021 Includes $7.6 million of income from other invested assets recognized in 2021 which was previously classified as accumulated other comprehensive income as of December 31, 2020.