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Note Payable
9 Months Ended
Sep. 30, 2011
Note Payable
11. Note Payable

On January 27, 2006, we borrowed $15.0 million under our revolving credit facility to fund the cash required to close the acquisition of the subsidiaries comprising our E&S Commercial business unit.  On July 6, 2011, we borrowed $1.25 million under our revolving credit facility to repurchase our common stock under the Company’s stock buy back program.  As of September 30, 2011, the balance on the revolving note was $4.1 million, which currently bears interest at 2.85% per annum. (See Note 13, “Credit Facilities.”)