EXHIBIT 28 - ---------- INFORMATION FROM REPORTS FURNISHED TO STATE INSURANCE REGULATORY AUTHORITIES FOREMOST CORPORATION OF AMERICA AND SUBSIDIARIES DECEMBER 31, 1995 PROPERTY AND CASUALTY INSURANCE RECONCILIATION OF LOSS RESERVES, STATUTORY SCHEDULE P TO GAAP (In thousands) Property & Casualty Consolidated Scedule P Reserves .............. $ 91,335 -------- Adjustments for Property and Casualty GAAP Reserves: FHSC Warranty Reserves ......................................... 29 Rounding Differences from Schedule P Detail to Totals .......... (2) Financial Accounting Standards Board Statement No. 113 Adjustment for Losses Ceded to Reinsurance Companies ......... 2,409 -------- Total Property and Casualty GAAP Adjustments ................. 2,436 -------- Consolidated Property and Casualty Loss Reserves - GAAP ..................................... 93,771 Adjustments for Consolidated Corporate Loss Reserves: Foremost Life Insurance Loss Reserves .......................... 3,733 -------- Consolidated Foremost Corporation of America Loss Reserves per Balance Sheet at December 31, 1995 ............ $ 97,504 ========