<ARTICLE> 7 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-START> JAN-01-1997 JAN-01-1997 JAN-01-1997 <PERIOD-END> MAR-31-1997 JUN-30-1997 SEP-30-1997 <DEBT-HELD-FOR-SALE> 3,285,285 3,592,042 3,718,365 <DEBT-CARRYING-VALUE> 78,974 0 0 <DEBT-MARKET-VALUE> 85,508 0 0 <EQUITIES> 161,585 153,849 169,537 <MORTGAGE> 0 0 0 <REAL-ESTATE> 0 0 0 <TOTAL-INVEST> 3,592,589 3,841,589 3,929,651 <CASH> 45,283 37,980 62,299 <RECOVER-REINSURE> 730,089 673,789 672,527 <DEFERRED-ACQUISITION> 80,316 79,323 82,121 <TOTAL-ASSETS> 5,088,187 5,248,887 5,369,003 <POLICY-LOSSES> 3,265,220 3,305,266 3,367,522 <UNEARNED-PREMIUMS> 359,830 357,352 360,029 <POLICY-OTHER> 0 0 0 <POLICY-HOLDER-FUNDS> 0 0 0 <NOTES-PAYABLE> 0 0 0 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 508 508 508 <OTHER-SE> 1,072,171 1,164,719 1,246,411 <TOTAL-LIABILITY-AND-EQUITY> 5,088,187 5,248,887 5,369,003 <PREMIUMS> 230,443 477,958 749,478 <INVESTMENT-INCOME> 54,042 111,410 169,327 <INVESTMENT-GAINS> (199) 13,211 15,933 <OTHER-INCOME> 3,234 4,007 3,577 <BENEFITS> 166,841 347,032 551,266 <UNDERWRITING-AMORTIZATION> 3,295 4,268 1,143 <UNDERWRITING-OTHER> 71,459 148,723 228,525 <INCOME-PRETAX> 45,925 106,563 157,381 <INCOME-TAX> 11,461 27,761 40,147 <INCOME-CONTINUING> 34,464 78,802 117,234 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 34,464 78,802 117,234 <EPS-PRIMARY> 0.68 1.56 2.32 <EPS-DILUTED> 0.68 1.55 2.31 <RESERVE-OPEN> 0 0 0 <PROVISION-CURRENT> 0 0 0 <PROVISION-PRIOR> 0 0 0 <PAYMENTS-CURRENT> 0 0 0 <PAYMENTS-PRIOR> 0 0 0 <RESERVE-CLOSE> 0 0 0 <CUMULATIVE-DEFICIENCY> 0 0 0