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Retirement Agreements And Other Postretirement Benefits
6 Months Ended
Jun. 30, 2020
Retirement Benefits [Abstract]  
Retirement Agreements And Other Postretirement Benefits Retirement Agreements and Other Postretirement Benefits
The Company’s subsidiary, Investors Title Insurance Company ("ITIC"), is a party to employment agreements with key executives that provide for the continuation of certain employee benefits and other payments due under the agreements upon retirement, estimated to total $12.4 million and $12.2 million as of June 30, 2020 and December 31, 2019, respectively. The executive employee benefits include health, dental, vision and life insurance and are unfunded. These amounts are classified as accounts payable and accrued liabilities in the Consolidated Balance Sheets. The following sets forth the net periodic benefit cost for the executive benefits for the periods ended June 30, 2020 and 2019:
Three Months Ended
June 30,
Six Months Ended
June 30,
 (in thousands)2020201920202019
Service cost – benefits earned during the year$—  $—  $—  $—  
Interest cost on the projected benefit obligation  16  17  
Amortization of unrecognized losses—  —  —  —  
Net periodic benefit cost
$ $ $16  $17