<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <DEBT-HELD-FOR-SALE> 421,280,000 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 103,271,000 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 536,197,000 <CASH> 15,562,000 <RECOVER-REINSURE> 21,815,000 <DEFERRED-ACQUISITION> 64,643,000 <TOTAL-ASSETS> 798,937,000 <POLICY-LOSSES> 133,894,000 <UNEARNED-PREMIUMS> 261,954,000 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 33,253,000 <NOTES-PAYABLE> 71,105,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 911,000 <OTHER-SE> 220,278,000 <TOTAL-LIABILITY-AND-EQUITY> 798,937,000 <PREMIUMS> 280,600,000 <INVESTMENT-INCOME> 17,779,000 <INVESTMENT-GAINS> 4,935,000 <OTHER-INCOME> 26,892,000 <BENEFITS> 162,555,000 <UNDERWRITING-AMORTIZATION> 76,245,000 <UNDERWRITING-OTHER> 40,879,000 <INCOME-PRETAX> 23,330,000 <INCOME-TAX> 6,353,000 <INCOME-CONTINUING> 16,977,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 16,977,000 <EPS-PRIMARY> 1.88 <EPS-DILUTED> 1.80 <RESERVE-OPEN> 108,334,000 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 114,563,000 <CUMULATIVE-DEFICIENCY> 0