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, April 1, 2015	$	335,132	$	(12,953)	$	322,179
Other comprehensive income (loss) before reclassifications		(110,185)		-		(110,185)
Amounts reclassified from accumulated other comprehensive income (loss)		(1,161)		-		(1,161)
Net current period other comprehensive income (loss)		(111,346)		-		(111,346)
Ending balance, June 30, 2015	$	223,786	$	(12,953)	$	210,833

Beginning balance, January 1, 2015	$	297,554	$	(12,953)	$	284,601
Other comprehensive income (loss) before reclassifications		(68,815)		-		(68,815)
Amounts reclassified from accumulated other comprehensive income (loss)		(4,953)		-		(4,953)
Net current period other comprehensive income (loss)		(73,768)		-		(73,768)
Ending balance, June 30, 2015	$	223,786	$	(12,953)	$	210,833

(1)	All amounts are net of tax.

(2)

The pretax amounts reclassified from accumulated other comprehensive income (loss), $1,786 and $7,620, are included in net realized investment gains and losses and the related tax expenses, $625 and $2,667, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2015, respectively.

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

Beginning balance, April 1, 2014	$	211,398	$	(11,776)	$	199,622
Other comprehensive income (loss) before reclassifications		72,402		-		72,402
Amounts reclassified from accumulated other comprehensive income (loss)		(2,245)		-		(2,245)
Net current period other comprehensive income (loss)		70,157		-		70,157
Ending balance, June 30, 2014	$	281,555	$	(11,776)	$	269,779

Beginning balance, January 1, 2014	$	133,990	$	(11,776)	$	122,214
Other comprehensive income (loss) before reclassifications		150,906		-		150,906
Amounts reclassified from accumulated other comprehensive income (loss)		(3,341)		-		(3,341)
Net current period other comprehensive income (loss)		147,565		-		147,565
Ending balance, June 30, 2014	$	281,555	$	(11,776)	$	269,779

(1)	All amounts are net of tax.

(2)

The pretax amounts reclassified from accumulated other comprehensive income (loss), $3,455 and $5,140, are included in net realized investment gains and losses and the related tax expenses, $1,210 and $1,799, are included in income tax expense in the Consolidated Statements of Operations for the three and six months ended June 30, 2014, respectively.

Comparative information for elements that are not required to be reclassified in their entirety to net income in the same reporting period is located in “Note 2 — Investments — Unrealized Gains and Losses on Fixed Maturities and Equity Securities”.