<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the Company's Second Quarter 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <DEBT-HELD-FOR-SALE> 496,504 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 30,249 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 526,753 <CASH> 54,303 <RECOVER-REINSURE> 52,833 <DEFERRED-ACQUISITION> 19,424 <TOTAL-ASSETS> 773,375 <POLICY-LOSSES> 383,683 <UNEARNED-PREMIUMS> 156,214 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 70,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 104 <OTHER-SE> 118,424 <TOTAL-LIABILITY-AND-EQUITY> 773,375 <PREMIUMS> 70,338 <INVESTMENT-INCOME> 14,825 <INVESTMENT-GAINS> (354) <OTHER-INCOME> 287 <BENEFITS> 47,501 <UNDERWRITING-AMORTIZATION> 12,969 <UNDERWRITING-OTHER> 9,141 <INCOME-PRETAX> 15,485 <INCOME-TAX> 2,700 <INCOME-CONTINUING> 12,785 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,785 <EPS-PRIMARY> 1.17 <EPS-DILUTED> 1.17 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0