<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 1,044,857 <DEBT-CARRYING-VALUE> 1,044,857 <DEBT-MARKET-VALUE> 1,044,857 <EQUITIES> 1,300 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,046,157 <CASH> 47,171 <RECOVER-REINSURE> 72,910 <DEFERRED-ACQUISITION> 8,891 <TOTAL-ASSETS> 1,512,740 <POLICY-LOSSES> 473,553 <UNEARNED-PREMIUMS> 251,859 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 224,950 <COMMON> 70,510 <OTHER-SE> 229,567 <TOTAL-LIABILITY-AND-EQUITY> 1,512,740 <PREMIUMS> 390,076 <INVESTMENT-INCOME> 36,235 <INVESTMENT-GAINS> 1,543 <OTHER-INCOME> 0 <BENEFITS> 296,443 <UNDERWRITING-AMORTIZATION> 20,612 <UNDERWRITING-OTHER> 15,941 <INCOME-PRETAX> 88,243 <INCOME-TAX> 29,864 <INCOME-CONTINUING> 58,379 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 58,379 <EPS-PRIMARY> .81 <EPS-DILUTED> .73 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0