<ARTICLE> 7 <PERIOD-TYPE> 3-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-END> MAR-31-1997 DEC-31-1996 <DEBT-HELD-FOR-SALE> 0 0 <DEBT-CARRYING-VALUE> 706,168 700,511 <DEBT-MARKET-VALUE> 715,431 716,702 <EQUITIES> 260,899 233,721 <MORTGAGE> 72,586 74,586 <REAL-ESTATE> 0 0 <TOTAL-INVEST> 1,206,150 1,163,035 <CASH> 11,776 28,191 <RECOVER-REINSURE> 16,970 19,659 <DEFERRED-ACQUISITION> 99,891 82,968 <TOTAL-ASSETS> 1,806,677 1,700,354 <POLICY-LOSSES> 652,892 649,913 <UNEARNED-PREMIUMS> 439,900 367,991 <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> 570,876 568,039 <TOTAL-LIABILITY-AND-EQUITY> 1,806,677 1,700,354 <PREMIUMS> 178,003 668,716 <INVESTMENT-INCOME> 19,694 77,402 <INVESTMENT-GAINS> (296) (7,574) <OTHER-INCOME> 1,668 9,713 <BENEFITS> 135,311 475,231 <UNDERWRITING-AMORTIZATION> 43,350 181,013 <UNDERWRITING-OTHER> 0 0 <INCOME-PRETAX> 20,408 92,013 <INCOME-TAX> 3,770 18,049 <INCOME-CONTINUING> 16,638 73,964 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 16,638 73,964 <EPS-PRIMARY> .46 2.04 <EPS-DILUTED> .46 2.04 <RESERVE-OPEN> 0 486,673 <PROVISION-CURRENT> 0 562,997 <PROVISION-PRIOR> 0 (87,766) <PAYMENTS-CURRENT> 0 (273,334) <PAYMENTS-PRIOR> 0 (167,509) <RESERVE-CLOSE> 0 649,913 <CUMULATIVE-DEFICIENCY> 0 0