<ARTICLE> 7 <RESTATED> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <DEBT-HELD-FOR-SALE> 1,968,704 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 18,924 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,987,628 <CASH> 6,280 <RECOVER-REINSURE> 9,710 <DEFERRED-ACQUISITION> 197,604 <TOTAL-ASSETS> 2,792,078 <POLICY-LOSSES> 89,504 <UNEARNED-PREMIUMS> 842,684 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 230,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 700 <COMMON> 843,714 <OTHER-SE> 435,322 <TOTAL-LIABILITY-AND-EQUITY> 2,792,078 <PREMIUMS> 47,584 <INVESTMENT-INCOME> 28,433 <INVESTMENT-GAINS> (28,835) <OTHER-INCOME> 269 <BENEFITS> 1,781 <UNDERWRITING-AMORTIZATION> 9,681 <UNDERWRITING-OTHER> 63,984 <INCOME-PRETAX> (28,291) <INCOME-TAX> (15,509) <INCOME-CONTINUING> (12,782) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,782) <EPS-BASIC> 0 <EPS-DILUTED> (0.38) <RESERVE-OPEN> 77,817 <PROVISION-CURRENT> 1,781 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> (196) <RESERVE-CLOSE> 79,794 <CUMULATIVE-DEFICIENCY> 0