So it’s been deliberate like Steve said, we got early and often with our agents to make sure that there’s no surprises and work with them on pricing terms, conditions, reducing limits in some specific jurisdictions or specific risks that we think we — that have been challenging for us.
Mike Zaremski: Okay. That’s helpful. And Doug, maybe lastly, switching gears to Personal Lines. I think on last quarter’s call, you talked about — or maybe it wasn’t a call but I think you guys have talked about you being 1 of the — now the biggest writers in terms of new business in, for example, the state of California as others have been retrenching. Maybe you can kind of give us an update on what you’re seeing in terms of kind of industry dynamics, competitive wise and personal lines and why you feel good about growing into some of these states where some competitors have had trouble kind of getting the pricing they need to keep up with loss inflation and very — comes from the standpoint of understanding you have a very profitable personal lines book.
Steve Spray: Yes. Thanks, Mike. Steve Spray again. Yes, we feel really good and are bullish about personal lines, both on the high net worth and then the middle market business. The high net worth now or what we — Cincinnati Private Client has become about 55% of our business. I would start with the fact that the team we have, the amount of expertise that we have selectively had joined from the outside and then the long-term associates we’ve had in building out that expertise not only on product but on marketing, on claims. I think we have been very well received across the country by our agents. And specifically growing it in states that you mentioned where there’s been quite a bit of industry disruption. And we have definitely seen quite a bit of disruption, especially for the high net worth business.
And as an example, 1 way we were able to deal with that is we were able to pivot in California as a specific example and move to writing homeowners business on an excess and surplus lines basis. And I think it goes true to Cincinnati over time as we’ve been able to be there for our agents and be there for the policyholders in their community provide, we think, measured capacity. We are in this high net worth business for the long term. We look at everything we do over the long term. And feel like we’re positioned really well to continue to grow that business and grow it profitably. We have some work to do. Inflation has impacted the entire book but we’re confident in the underwriting and especially the pricing actions we’ve taken to improve those results.
Operator: The next question is from Meyer Shields with KBW.
Meyer Shields: A couple of quick questions, I guess. Steve, you talked about pricing accelerating pretty much every line of business sequentially. Was there any change in your internal view of trend from first quarter to second quarter?
Steve Johnston: Yes. Meyer, this is Steve. I don’t really think so. I think we are seeing — it’s very granular. We look at it by line, by state and so forth. And so you’ll see some movement in directions at a very detailed level. But — for the most part, I think we’re seeing a similar view of trends first quater to second quarter.
Meyer Shields: Okay, perfect. I’m not 100% sure this is a good question. But when I look at the loss ratio detail, vastly higher provision for IBNR in Personal Lines than Commercial Lines. And I was wondering, is that a function of just bad weather? Or is there something else driving that?
Steve Johnston: I think probably, Meyer, it’s the growth as much as anything. There’s faster growth in the Personal Line space right now.
Meyer Shields: Okay, perfect. That makes sense. And then one last question, if I can, it’s a little more detailed. But have you disclosed which lines of business saw the reserve release from act year ’22?
