<ARTICLE> 7 <MULTIPLIER> 1,000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 1,936,274 <DEBT-CARRYING-VALUE> 194,659 <DEBT-MARKET-VALUE> 195,399 <EQUITIES> 259,846 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 2,669,015 <CASH> 10,424 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 114,004 <TOTAL-ASSETS> 3,814,041 <POLICY-LOSSES> 1,761,949 <UNEARNED-PREMIUMS> 511,848 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 390,035 <PREFERRED-MANDATORY> 0 <PREFERRED> 127 <COMMON> 4,854 <OTHER-SE> 888,363 <TOTAL-LIABILITY-AND-EQUITY> 3,814,041 <PREMIUMS> 720,735 <INVESTMENT-INCOME> 120,592 <INVESTMENT-GAINS> 4,104 <OTHER-INCOME> 2,090 <BENEFITS> 495,206 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 83,612 <INCOME-TAX> 18,637 <INCOME-CONTINUING> 64,975 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 54,377 <EPS-PRIMARY> 2.74 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0