<ARTICLE> 7 <CIK> 0000018508 <NAME> Foremost Corporation of America <MULTIPLIER> 1,000 <CURRENCY> US Dollars <PERIOD-TYPE> Year <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-START> Jan-1-1996 <PERIOD-END> Dec-31-1996 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 339,860 <DEBT-CARRYING-VALUE> 2,342 <DEBT-MARKET-VALUE> 2,341 <EQUITIES> 93,485 <MORTGAGE> 12,222 <REAL-ESTATE> 15,169 <TOTAL-INVEST> 493,824 <CASH> 5,141 <RECOVER-REINSURE> 21,416 <DEFERRED-ACQUISITION> 70,231 <TOTAL-ASSETS> 721,578 <POLICY-LOSSES> 93,420 <UNEARNED-PREMIUMS> 241,313 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 94,851 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 14,000 <OTHER-SE> 217,422 <TOTAL-LIABILITY-AND-EQUITY> 721,578 <PREMIUMS> 427,565 <INVESTMENT-INCOME> 27,116 <INVESTMENT-GAINS> 3,098 <OTHER-INCOME> 3,347 <BENEFITS> 276,175 <UNDERWRITING-AMORTIZATION> 122,795 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 28,864 <INCOME-TAX> 5,696 <INCOME-CONTINUING> 23,168 <DISCONTINUED> 361 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 23,529 <EPS-PRIMARY> 2.39 <EPS-DILUTED> 2.39 <RESERVE-OPEN> 93,771 <PROVISION-CURRENT> 277,298 <PROVISION-PRIOR> (1,123) <PAYMENTS-CURRENT> 223,518 <PAYMENTS-PRIOR> 51,349 <RESERVE-CLOSE> 93,420 <CUMULATIVE-DEFICIENCY> 0