<ARTICLE> 7
       
                                                  
<PERIOD-TYPE>                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994             DEC-31-1994
<PERIOD-START>                             JUL-01-1995             JAN-01-1995
<PERIOD-END>                               SEP-30-1995             SEP-30-1995
<DEBT-HELD-FOR-SALE>                       133,170,000                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                  20,390,000                       0
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                             198,567,000                       0
<CASH>                                     127,334,000                       0
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                      24,881,000                       0
<TOTAL-ASSETS>                             852,559,000                       0
<POLICY-LOSSES>                            233,225,000                       0
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                             83,366,000                       0
<COMMON>                                    11,428,000                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<OTHER-SE>                                 281,515,000                       0
<TOTAL-LIABILITY-AND-EQUITY>               852,559,000                       0
<PREMIUMS>                                 326,355,000             869,391,000
<INVESTMENT-INCOME>                          4,973,000              16,331,000
<INVESTMENT-GAINS>                                   0                       0
<OTHER-INCOME>                                       0                       0
<BENEFITS>                                  23,405,000              67,130,000
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                                 0                       0
<INCOME-PRETAX>                             15,520,000             (4,152,000)
<INCOME-TAX>                                 6,200,000             (1,900,000)
<INCOME-CONTINUING>                          9,320,000             (2,252,000)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 9,320,000             (2,252,000)
<EPS-PRIMARY>                                     0.81                  (0.20)
<EPS-DILUTED>                                        0                       0
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0