We are pleased to report continuing positive financial results for the first quarter of 2010. The following are unaudited figures for the quarter ending March 31, 2010: Total surplus grew $26 million to $888 million, 17% above where it was at year-end 2008. Gross written premiums totaled $185 million, which was slightly below our plan due to continuing competitive pricing pressures. Our investment return for the quarter was $35 million and was ahead of plan as a number of our mandates performed well. Losses were about what we expected. We appreciate the ongoing support of our members and brokers and we look forward to reviewing our first half results with you in detail at our Policyholders' Conference in July.