<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> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 3,350,000 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 774,300 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 4,249,000 <CASH> 9,300 <RECOVER-REINSURE> 319,300 <DEFERRED-ACQUISITION> 196,900 <TOTAL-ASSETS> 5,987,200 <POLICY-LOSSES> 1,764,100 <UNEARNED-PREMIUMS> 1,449,400 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 775,600 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 71,400 <OTHER-SE> 1,478,400 <TOTAL-LIABILITY-AND-EQUITY> 5,987,200 <PREMIUMS> 2,344,000 <INVESTMENT-INCOME> 158,600 <INVESTMENT-GAINS> 1,200 <OTHER-INCOME> 32,600 <BENEFITS> 1,636,700 <UNDERWRITING-AMORTIZATION> 359,500 <UNDERWRITING-OTHER> 153,900 <INCOME-PRETAX> 310,100 <INCOME-TAX> 88,100 <INCOME-CONTINUING> 222,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 222,000 <EPS-PRIMARY> 3.01<F1> <EPS-DILUTED> 2.91<F1> <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Represents basic and diluted earnings per share as required by SFAS 128, "Earnings per Share," which replaces primary and fully diluted earnings per share as previously reported. </FN>