<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <DEBT-HELD-FOR-SALE> 1,810,079 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 63,705 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,873,784 <CASH> 8,426 <RECOVER-REINSURE> 1,456 <DEFERRED-ACQUISITION> 195,107 <TOTAL-ASSETS> 2,511,398 <POLICY-LOSSES> 64,882 <UNEARNED-PREMIUMS> 755,463 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 230,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 700 <COMMON> 740,863 <OTHER-SE> 341,543 <TOTAL-LIABILITY-AND-EQUITY> 2,511,398 <PREMIUMS> 84,068 <INVESTMENT-INCOME> 44,760 <INVESTMENT-GAINS> (9630) <OTHER-INCOME> 152 <BENEFITS> 4,000 <UNDERWRITING-AMORTIZATION> 20,593 <UNDERWRITING-OTHER> 21,684 <INCOME-PRETAX> 72,145 <INCOME-TAX> 16,516 <INCOME-CONTINUING> 55,629 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 55,629 <EPS-BASIC> 0 <EPS-DILUTED> 1.74 <RESERVE-OPEN> 63,947 <PROVISION-CURRENT> 4,000 <PROVISION-PRIOR> 3,065 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 64,882 <CUMULATIVE-DEFICIENCY> 0