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Pledged Investments
6 Months Ended
Jun. 30, 2011
Pledged Investments
6. Pledged Investments

We have pledged certain of our securities for the benefit of various state insurance departments and reinsurers.  These securities are included with our available-for-sale debt securities because we have the ability to trade these securities.  We retain the interest earned on these securities.  These securities had a carrying value of $32.1 million and $33.4 million at June 30, 2011 and December 31, 2010, respectively.