<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 1,995,653 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 15 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 2,159,303 <CASH> 7,585 <RECOVER-REINSURE> 347,821 <DEFERRED-ACQUISITION> 53,363 <TOTAL-ASSETS> 3,075,413 <POLICY-LOSSES> 1,939,568 <UNEARNED-PREMIUMS> 243,012 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 10,779 <NOTES-PAYABLE> 203,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 122,214 <OTHER-SE> 374,169 <TOTAL-LIABILITY-AND-EQUITY> 3,075,413 <PREMIUMS> 221,576 <INVESTMENT-INCOME> 65,200 <INVESTMENT-GAINS> 11,263 <OTHER-INCOME> 5,090 <BENEFITS> 172,757 <UNDERWRITING-AMORTIZATION> 51,763 <UNDERWRITING-OTHER> 45,630 <INCOME-PRETAX> 25,516 <INCOME-TAX> 4,071 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 21,445 <EPS-PRIMARY> 0.90 <EPS-DILUTED> 0.87 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0