Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) represents the accumulated change in shareholders’ equity from transactions and other events and circumstances from non-shareholder sources. For the Company, accumulated other comprehensive income (loss) includes the after tax change in net unrealized gains and losses on fixed maturities and equity securities and the after tax change in net funded status of pension and other postretirement benefit obligations for the period as shown in the Consolidated Statement of Changes in Shareholders’ Equity. The following tables reconcile these components.

	Unrealized Gains
	and Losses on
	Fixed Maturities
	and Equity				Defined
	Securities (1)(2)				Benefit Plans (1)				Total (1)

Beginning balance, July 1, 2015		$	223,786			$	(12,953	)		$	210,833
Other comprehensive income (loss) before reclassifications			3,836				-				3,836
Amounts reclassified from accumulated other comprehensive income (loss)			(1,004	)			-				(1,004	)
Net current period other comprehensive income (loss)			2,832				-				2,832
Ending balance, September 30, 2015		$	226,618			$	(12,953	)		$	213,665

Beginning balance, January 1, 2015		$	297,554			$	(12,953	)		$	284,601
Other comprehensive income (loss) before reclassifications			(64,979	)			-				(64,979	)
Amounts reclassified from accumulated other comprehensive income (loss)			(5,957	)			-				(5,957	)
Net current period other comprehensive income (loss)			(70,936	)			-				(70,936	)
Ending balance, September 30, 2015		$	226,618			$	(12,953	)		$	213,665

(1)

All amounts are net of tax.

(2)

The pretax amounts reclassified from accumulated other comprehensive income (loss), $1,545 and $9,165, are included in net realized investment gains and losses and the related tax expenses, $541 and $3,208, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2015, respectively.

	Unrealized Gains
	and Losses on
	Fixed Maturities
	and Equity				Defined
	Securities (1)(2)				Benefit Plans (1)				Total (1)

Beginning balance, July 1, 2014		$	281,555			$	(11,776	)		$	269,779
Other comprehensive income (loss) before reclassifications			(9,265	)			-				(9,265	)
Amounts reclassified from accumulated other comprehensive income (loss)			(2,283	)			-				(2,283	)
Net current period other comprehensive income (loss)			(11,548	)			-				(11,548	)
Ending balance, September 30, 2014		$	270,007			$	(11,776	)		$	258,231

Beginning balance, January 1, 2014		$	133,990			$	(11,776	)		$	122,214
Other comprehensive income (loss) before reclassifications			141,641				-				141,641
Amounts reclassified from accumulated other comprehensive income (loss)			(5,624	)			-				(5,624	)
Net current period other comprehensive income (loss)			136,017				-				136,017
Ending balance, September 30, 2014		$	270,007			$	(11,776	)		$	258,231

(1)

All amounts are net of tax.

(2)

The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,512 and $8,652, are included in net realized investment gains and losses and the related tax expenses, $1,229 and $3,028, are included in income tax expense in the Consolidated Statements of Operations for the three and nine months ended September 30, 2014, respectively.