<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <DEBT-HELD-FOR-SALE> 728,357 <DEBT-CARRYING-VALUE> 1,201,018 <DEBT-MARKET-VALUE> 1,219,516 <EQUITIES> 5,108 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,971,510 <CASH> 11,909 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 148,785 <TOTAL-ASSETS> 2,316,244 <POLICY-LOSSES> 2,165,625 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 5,058 <NOTES-PAYABLE> 0 <COMMON> 12,818 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 119,775 <TOTAL-LIABILITY-AND-EQUITY> 2,316,244 <PREMIUMS> 4,516 <INVESTMENT-INCOME> 76,190 <INVESTMENT-GAINS> (306) <OTHER-INCOME> 190 <BENEFITS> 58,697 <UNDERWRITING-AMORTIZATION> 5,569 <UNDERWRITING-OTHER> 5,421 <INCOME-PRETAX> 10,903 <INCOME-TAX> 3,816 <INCOME-CONTINUING> 7,087 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,087 <EPS-PRIMARY> .69 <EPS-DILUTED> .68 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0