<ARTICLE> 7 <PERIOD-TYPE> 9-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> SEP-30-1996 DEC-31-1995 <DEBT-HELD-FOR-SALE> 0 0 <DEBT-CARRYING-VALUE> 837,438 801,308 <DEBT-MARKET-VALUE> 836,723 815,277 <EQUITIES> 213,641 151,579 <MORTGAGE> 73,913 73,783 <REAL-ESTATE> 1,544 2,174 <TOTAL-INVEST> 1,127,121 1,044,113 <CASH> 7,444 52,718 <RECOVER-REINSURE> 19,377 21,897 <DEFERRED-ACQUISITION> 90,167 67,160 <TOTAL-ASSETS> 1,688,179 1,564,175 <POLICY-LOSSES> 657,890 618,791 <UNEARNED-PREMIUMS> 407,902 330,454 <POLICY-OTHER> 0 0 <POLICY-HOLDER-FUNDS> 0 0 <NOTES-PAYABLE> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 19,000 19,000 <OTHER-SE> 540,465 530,714 <TOTAL-LIABILITY-AND-EQUITY> 1,688,179 1,564,175 <PREMIUMS> 489,710 530,714 <INVESTMENT-INCOME> 57,856 71,313 <INVESTMENT-GAINS> (2,984) 712 <OTHER-INCOME> 8,001 19,420 <BENEFITS> 362,016 367,552 <UNDERWRITING-AMORTIZATION> 126,796 166,741 <UNDERWRITING-OTHER> 0 0 <INCOME-PRETAX> 63,771 149,742 <INCOME-TAX> 11,477 39,541 <INCOME-CONTINUING> 52,294 110,201 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 52,294 110,201 <EPS-PRIMARY> 1.44 2.93 <EPS-DILUTED> 1.44 2.93 <RESERVE-OPEN> 0 448,331 <PROVISION-CURRENT> 0 442,027 <PROVISION-PRIOR> 0 (74,475) <PAYMENTS-CURRENT> 0 (184,182) <PAYMENTS-PRIOR> 0 (145,028) <RESERVE-CLOSE> 0 618,791 <CUMULATIVE-DEFICIENCY> 0 0