<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
Company's 1998 10-K and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
<CURRENCY> 0
       
                             
<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>                         1,136,375
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                      79,187
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                               1,215,562
<CASH>                                          34,312
<RECOVER-REINSURE>                              11,744
<DEFERRED-ACQUISITION>                          38,252
<TOTAL-ASSETS>                               1,866,039
<POLICY-LOSSES>                                866,285
<UNEARNED-PREMIUMS>                            369,532
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                 75,000
<PREFERRED-MANDATORY>                          125,000
<PREFERRED>                                          0
<COMMON>                                           122
<OTHER-SE>                                     330,801
<TOTAL-LIABILITY-AND-EQUITY>                 1,866,039
<PREMIUMS>                                     254,462
<INVESTMENT-INCOME>                             61,711
<INVESTMENT-GAINS>                               6,654
<OTHER-INCOME>                                     331
<BENEFITS>                                     167,946
<UNDERWRITING-AMORTIZATION>                     50,289
<UNDERWRITING-OTHER>                            52,193
<INCOME-PRETAX>                                 52,730
<INCOME-TAX>                                     9,293
<INCOME-CONTINUING>                             43,437
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    43,437
<EPS-PRIMARY>                                     3.95
<EPS-DILUTED>                                     3.71
<RESERVE-OPEN>                                 480,763
<PROVISION-CURRENT>                            185,214
<PROVISION-PRIOR>                             (17,268)
<PAYMENTS-CURRENT>                            (16,705)
<PAYMENTS-PRIOR>                              (56,292)
<RESERVE-CLOSE>                                575,967
<CUMULATIVE-DEFICIENCY>                              0