<ARTICLE> 7 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 1,282,433 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 97,940 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,454,573 <CASH> 7,737 <RECOVER-REINSURE> 28,305 <DEFERRED-ACQUISITION> 35,794 <TOTAL-ASSETS> 1,648,841 <POLICY-LOSSES> 199,798 <UNEARNED-PREMIUMS> 97,594 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 351 <OTHER-SE> 1,028,054 <TOTAL-LIABILITY-AND-EQUITY> 1,648,841 <PREMIUMS> 117,544 <INVESTMENT-INCOME> 21,434 <INVESTMENT-GAINS> 292 <OTHER-INCOME> 1,934 <BENEFITS> 39,512 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 41,519 <INCOME-PRETAX> 56,402 <INCOME-TAX> 14,489 <INCOME-CONTINUING> 41,913 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 41,913 <EPS-PRIMARY> 1.26 <EPS-DILUTED> 1.26 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0