<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <DEBT-HELD-FOR-SALE> 758,671,945 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 28,099,210 <MORTGAGE> 330,892,663 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,224,425,279 <CASH> 2,555,124 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 98,249,515 <TOTAL-ASSETS> 1,360,397,650 <POLICY-LOSSES> 669,131,666 <UNEARNED-PREMIUMS> 26,245,751 <POLICY-OTHER> 10,396,948 <POLICY-HOLDER-FUNDS> 69,004,451 <NOTES-PAYABLE> 0 <COMMON> 5,449,722 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 509,452,899 <TOTAL-LIABILITY-AND-EQUITY> 1,360,397,650 <PREMIUMS> 85,753,749 <INVESTMENT-INCOME> 66,009,163 <INVESTMENT-GAINS> (50,168) <OTHER-INCOME> 0 <BENEFITS> 69,668,560 <UNDERWRITING-AMORTIZATION> 9,406,819 <UNDERWRITING-OTHER> 30,471,850 <INCOME-PRETAX> 42,165,515 <INCOME-TAX> 14,300,000 <INCOME-CONTINUING> 27,865,515 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 27,865,515 <EPS-PRIMARY> 1.59 <EPS-DILUTED> 1.59 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0