Net Realized Investment Gains (Losses)

3 Months Ended

Jun. 30, 2011

Net Realized Investment Gains (Losses)

Net Realized Investment Gains (Losses)

Note 5.

Net Realized Investment Gains

Net realized investment gains for the three months and six months ended June 30, 2011 and 2010 are as follows (in thousands):

				Three Months Ended				Six Months Ended
				June 30,				June 30,
				2011		2010		2011		2010
Net realized investment gains (losses):
	Fixed maturities		$	1,778	$	1,584	$	283	$	1,743
	Common stocks			19		65		(26)		152
	Preferred stocks			86		(15)		1,424		26
		Total available-for-sale securities		1,883		1,634		1,681		1,921
Other				-		-		-		62
Net realized investment gains			$	1,883	$	1,634	$	1,681	$	1,983

18

For the three months and six months ended June 30, 2011, the Company realized gross gains of $3,085,000 and $6,617,000, respectively, and realized gross losses of $1,202,000 and $4,936,000, respectively, on sales of available-for-sale securities. For the three months and six months ended June 30, 2010, the Company realized gross gains of $3,445,000 and $5,181,000, respectively, and realized gross losses of $1,811,000 and $3,260,000, respectively, on sales of available-for-sale securities.