<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS OF THE REGISTRANT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 2,166,331 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 11,757 <MORTGAGE> 151,501 <REAL-ESTATE> 0 <TOTAL-INVEST> 2,991,829 <CASH> 18,429 <RECOVER-REINSURE> 52,292 <DEFERRED-ACQUISITION> 275,412 <TOTAL-ASSETS> 3,756,412 <POLICY-LOSSES> 2,530,824 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 252,014 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 107,715 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 261 <OTHER-SE> 470,973 <TOTAL-LIABILITY-AND-EQUITY> 3,756,412 <PREMIUMS> 604,850 <INVESTMENT-INCOME> 134,376 <INVESTMENT-GAINS> 566 <OTHER-INCOME> 13,929 <BENEFITS> 528,403 <UNDERWRITING-AMORTIZATION> 45,808 <UNDERWRITING-OTHER> 88,900 <INCOME-PRETAX> 49,231 <INCOME-TAX> 16,553 <INCOME-CONTINUING> 32,678 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 32,295 <EPS-PRIMARY> 1.27<F1><F2> <EPS-DILUTED> 1.26<F2> <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1> Item consists of basic earnings per share <F2> Item adjusted for three-for-two stock split on August 29, 1997