<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <DEBT-HELD-FOR-SALE> 602,770 <DEBT-CARRYING-VALUE> 30,412 <DEBT-MARKET-VALUE> 29,862 <EQUITIES> 31,111 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 664,293 <CASH> 54,810 <RECOVER-REINSURE> 16,085 <DEFERRED-ACQUISITION> 17,946 <TOTAL-ASSETS> 1,134,806 <POLICY-LOSSES> 740,089 <UNEARNED-PREMIUMS> 85,465 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 68,750 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 184,150 <TOTAL-LIABILITY-AND-EQUITY> 1,134,806 <PREMIUMS> 56,243 <INVESTMENT-INCOME> 10,635 <INVESTMENT-GAINS> 921 <OTHER-INCOME> 1,472 <BENEFITS> 40,942 <UNDERWRITING-AMORTIZATION> 14,176 <UNDERWRITING-OTHER> 4,369 <INCOME-PRETAX> 7,437 <INCOME-TAX> 2,144 <INCOME-CONTINUING> 5,293 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,293 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0