<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the Company's 1996 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <DEBT-HELD-FOR-SALE> 620,392 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 45,877 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 666,269 <CASH> 24,706 <RECOVER-REINSURE> 808 <DEFERRED-ACQUISITION> 22,696 <TOTAL-ASSETS> 941,247 <POLICY-LOSSES> 457,063 <UNEARNED-PREMIUMS> 205,348 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 70,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 104 <OTHER-SE> 144,671 <TOTAL-LIABILITY-AND-EQUITY> 941,247 <PREMIUMS> 155,784 <INVESTMENT-INCOME> 32,646 <INVESTMENT-GAINS> 1,047 <OTHER-INCOME> 166 <BENEFITS> 105,335 <UNDERWRITING-AMORTIZATION> 27,803 <UNDERWRITING-OTHER> 21,766 <INCOME-PRETAX> 34,739 <INCOME-TAX> 6,634 <INCOME-CONTINUING> 28,105 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 28,105 <EPS-PRIMARY> 2.67 <EPS-DILUTED> 2.67 <RESERVE-OPEN> 324,416 <PROVISION-CURRENT> 112,107 <PROVISION-PRIOR> (6,772) <PAYMENTS-CURRENT> (2,239) <PAYMENTS-PRIOR> (13,811) <RESERVE-CLOSE> 457,063 <CUMULATIVE-DEFICIENCY> 0