EXHIBIT 28 INFORMATION FROM REPORTS FURNISHED TO STATE INSURANCE REGULATORY AUTHORITIES FOREMOST CORPORATION OF AMERICA AND SUBSIDIARIES DECEMBER 31, 1997 PROPERTY AND CASUALTY INSURANCE RECONCILIATION OF LOSS RESERVES, STATUTORY SCHEDULE AARP TO GAAP (In thousands) Property & casualty consolidated Schedule P reserves ............... $ 82,384 --------- Adjustments for property and casualty GAAP reserves: FHSC warranty reserves ........................................... 11 Rounding differences from Schedule P detail to totals ............ 3 Financial Accounting Standards Board Statement No. 113 adjustment for losses ceded to reinsurance companies ........... 324 --------- Total property and casualty GAAP adjustments ................... 338 --------- Consolidated property and casualty loss reserves - GAAP - December 31, 1997 ................... $ 82,722 =========