<ARTICLE> 7 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets and statements of income and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <DEBT-HELD-FOR-SALE> 2,201,800 <DEBT-CARRYING-VALUE> 321,000 <DEBT-MARKET-VALUE> 329,000 <EQUITIES> 439,400 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 3,260,700 <CASH> 15,200 <RECOVER-REINSURE> 387,700 <DEFERRED-ACQUISITION> 170,900 <TOTAL-ASSETS> 4,850,900 <POLICY-LOSSES> 1,486,000 <UNEARNED-PREMIUMS> 1,093,100 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 675,700 <COMMON> 71,800 <PREFERRED-MANDATORY> 0 <PREFERRED> 85,800 <OTHER-SE> 1,084,300 <TOTAL-LIABILITY-AND-EQUITY> 4,850,900 <PREMIUMS> 624,300 <INVESTMENT-INCOME> 42,700 <INVESTMENT-GAINS> 15,400 <OTHER-INCOME> 9,300 <BENEFITS> 436,900 <UNDERWRITING-AMORTIZATION> 106,600 <UNDERWRITING-OTHER> 44,000 <INCOME-PRETAX> 81,500 <INCOME-TAX> 20,800 <INCOME-CONTINUING> 60,700 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 60,700 <EPS-PRIMARY> .79 <EPS-DILUTED> .79 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0