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Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2022
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Other Comprehensive Loss

NOTE 4. OTHER COMPREHENSIVE LOSS

The following table is a summary of other comprehensive loss and discloses the tax impact of each component of other comprehensive loss for the three and six months ended June 30, 2022 and 2021, respectively:

 

 

 

For the Three Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

 

 

(in thousands)

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized losses on investments, net

 

$

(16,161

)

 

$

3,783

 

 

$

(12,378

)

 

$

3,625

 

 

$

(840

)

 

$

2,785

 

Reclassification adjustment of realized losses (gains) included in net loss

 

 

102

 

 

 

(24

)

 

 

78

 

 

 

(22

)

 

 

5

 

 

 

(17

)

Effect on other comprehensive loss

 

$

(16,059

)

 

$

3,759

 

 

$

(12,300

)

 

$

3,603

 

 

$

(835

)

 

$

2,768

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

 

Pre-tax

 

 

Tax

 

 

After-tax

 

 

 

(in thousands)

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized losses on investments, net

 

$

(47,932

)

 

$

11,220

 

 

$

(36,712

)

 

$

(6,972

)

 

$

1,616

 

 

$

(5,356

)

Reclassification adjustment of realized losses (gains) included in net loss

 

 

118

 

 

 

(27

)

 

 

91

 

 

 

(102

)

 

 

24

 

 

 

(78

)

Effect on other comprehensive loss

 

$

(47,814

)

 

$

11,193

 

 

$

(36,621

)

 

$

(7,074

)

 

$

1,640

 

 

$

(5,434

)