<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-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 278,247 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 132,094 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 433,396 <CASH> 26,655<F1> <RECOVER-REINSURE> 6,902 <DEFERRED-ACQUISITION> 2,075 <TOTAL-ASSETS> 533,689 <POLICY-LOSSES> 197,641 <UNEARNED-PREMIUMS> 15,890 <POLICY-OTHER> 71 <POLICY-HOLDER-FUNDS> 6,079 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 736 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 533,689 <PREMIUMS> 28,309 <INVESTMENT-INCOME> 9,275 <INVESTMENT-GAINS> 9,331 <OTHER-INCOME> 819 <BENEFITS> 18,349 <UNDERWRITING-AMORTIZATION> 3,155 <UNDERWRITING-OTHER> 2,721 <INCOME-PRETAX> 18,762 <INCOME-TAX> 5,950 <INCOME-CONTINUING> 12,812 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,812 <EPS-PRIMARY> .91 <EPS-DILUTED> .91 <RESERVE-OPEN> 154,537<F2> <PROVISION-CURRENT> 22,051<F2> <PROVISION-PRIOR> (3,702)<F2> <PAYMENTS-CURRENT> 7,470<F2> <PAYMENTS-PRIOR> 12,005<F2> <RESERVE-CLOSE> 153,411<F2> <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Cash includes cash equivalents. <F2>All loss data is presented net of applicable reinsurance recoverable. </FN>