<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets and consolidated statements of operations enclosed herein electronically in Form 10Q for the year-to-date, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <DEBT-HELD-FOR-SALE> 280,346 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 98,944 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 420,812 <CASH> 2,699 <RECOVER-REINSURE> 10,105 <DEFERRED-ACQUISITION> 1,294 <TOTAL-ASSETS> 510,847 <POLICY-LOSSES> 210,534 <UNEARNED-PREMIUMS> 10,941 <POLICY-OTHER> 34 <POLICY-HOLDER-FUNDS> 8,134 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 752 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 510,847 <PREMIUMS> 31,436 <INVESTMENT-INCOME> 9,863 <INVESTMENT-GAINS> 3,684 <OTHER-INCOME> 659 <BENEFITS> 19,985 <UNDERWRITING-AMORTIZATION> 2,835 <UNDERWRITING-OTHER> 2,136 <INCOME-PRETAX> 15,548 <INCOME-TAX> 5,033 <INCOME-CONTINUING> 10,515 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,784 <EPS-PRIMARY> .75 <EPS-DILUTED> .75 <RESERVE-OPEN> 161,458<F1> <PROVISION-CURRENT> 23,426<F1> <PROVISION-PRIOR> (3,441)<F1> <PAYMENTS-CURRENT> 4,548<F1> <PAYMENTS-PRIOR> 13,920<F1> <RESERVE-CLOSE> 162,975<F1> <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>All loss data is presented net of applicable reinsurance recoverable. </FN>