<ARTICLE> 7 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 2,306,619 <DEBT-CARRYING-VALUE> 170,150 <DEBT-MARKET-VALUE> 183,469 <EQUITIES> 455,179 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 2,931,948 <CASH> 386,278 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 168,894 <TOTAL-ASSETS> 4,983,431 <POLICY-LOSSES> 2,126,566 <UNEARNED-PREMIUMS> 664,861 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 657,932 <PREFERRED-MANDATORY> 0 <PREFERRED> 65 <COMMON> 7,281 <OTHER-SE> 853,935 <TOTAL-LIABILITY-AND-EQUITY> 4,983,431 <PREMIUMS> 1,278,399 <INVESTMENT-INCOME> 202,420 <INVESTMENT-GAINS> 25,400 <OTHER-INCOME> 5,571 <BENEFITS> 914,762 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> 62,781 <INCOME-TAX> 5,465 <INCOME-CONTINUING> 51,212 <DISCONTINUED> 0 <EXTRAORDINARY> (5,017) <CHANGES> 0 <NET-INCOME> 46,195 <EPS-PRIMARY> 1.64 <EPS-DILUTED> 1.59 <RESERVE-OPEN> 1,433,011 <PROVISION-CURRENT> 948,580 <PROVISION-PRIOR> (42,929) <PAYMENTS-CURRENT> 395,437 <PAYMENTS-PRIOR> 365,178 <RESERVE-CLOSE> 1,589,347 <CUMULATIVE-DEFICIENCY> (42,929)