<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from SEC Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <DEBT-HELD-FOR-SALE> 3420827 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 865279 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 4460372 <CASH> 15249 <RECOVER-REINSURE> 127245 <DEFERRED-ACQUISITION> 71710 <TOTAL-ASSETS> 5273321 <POLICY-LOSSES> 2103483 <UNEARNED-PREMIUMS> 774723 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 66886 <NOTES-PAYABLE> 447511 <COMMON> 71596 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1502953 <TOTAL-LIABILITY-AND-EQUITY> 5273321 <PREMIUMS> 659004 <INVESTMENT-INCOME> 55299 <INVESTMENT-GAINS> 5610 <OTHER-INCOME> 6266 <BENEFITS> 531850 <UNDERWRITING-AMORTIZATION> 51430 <UNDERWRITING-OTHER> 57059 <INCOME-PRETAX> 77349 <INCOME-TAX> 15109 <INCOME-CONTINUING> 62240 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 62240 <EPS-PRIMARY> .91 <EPS-DILUTED> .91 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0