| Schedule of Rollforward of Accumulated Other Comprehensive Loss |
The following table presents the rollforward of accumulated other comprehensive loss for the three and nine months ended September 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | | 2026 | | 2025 | | (In thousands) | | Before Tax | | Tax Effect | | Net of Tax | | Before Tax | | Tax Effect | | Net of Tax | | Balance at beginning of period | | $ | (221,463) | | | $ | 30,801 | | | $ | (190,662) | | | $ | (252,615) | | | $ | 36,949 | | | $ | (215,666) | | | Other comprehensive income (loss): | | | | | | | | | | | | | Unrealized holding gains (losses) on investments: | | | | | | | | | | | | | Unrealized holding gains (losses) arising during the period | | (201,953) | | | 31,695 | | | (170,258) | | | 58,816 | | | (8,916) | | | 49,900 | | Less: Reclassification adjustment for (gains) losses included in net income (1) | | 1,626 | | | (351) | | | 1,275 | | | 425 | | | (84) | | | 341 | | Net unrealized gains (losses) on investments | | (200,327) | | | 31,344 | | | (168,983) | | | 59,241 | | | (9,000) | | | 50,241 | | Other comprehensive income (loss) | | (200,327) | | | 31,344 | | | (168,983) | | | 59,241 | | | (9,000) | | | 50,241 | | | Balance at end of period | | $ | (421,790) | | | $ | 62,145 | | | $ | (359,645) | | | $ | (193,374) | | | $ | 27,949 | | | $ | (165,425) | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | | 2026 | | 2025 | | (In thousands) | | Before Tax | | Tax Effect | | Net of Tax | | Before Tax | | Tax Effect | | Net of Tax | | Balance at beginning of period | | $ | (175,608) | | | $ | 23,623 | | | $ | (151,985) | | | $ | (354,298) | | | $ | 50,314 | | | $ | (303,984) | | | Other comprehensive income (loss): | | | | | | | | | | | | | Unrealized holding gains (losses) on investments: | | | | | | | | | | | | | Unrealized holding gains (losses) arising during the period | | (248,066) | | | 38,918 | | | (209,148) | | | 160,189 | | | (22,220) | | | 137,969 | | Less: Reclassification adjustment for (gains) losses included in net income (1) | | 1,884 | | | (396) | | | 1,488 | | | 735 | | | (145) | | | 590 | | Net unrealized gains (losses) on investments | | (246,182) | | | 38,522 | | | (207,660) | | | 160,924 | | | (22,365) | | | 138,559 | | Other comprehensive income (loss) | | (246,182) | | | 38,522 | | | (207,660) | | | 160,924 | | | (22,365) | | | 138,559 | | | Balance at end of period | | $ | (421,790) | | | $ | 62,145 | | | $ | (359,645) | | | $ | (193,374) | | | $ | 27,949 | | | $ | (165,425) | |
(1)Included in net realized investment losses on our condensed consolidated statements of comprehensive income.
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