<ARTICLE> 7 <RESTATED> <PERIOD-TYPE> 12-MOS 12-MOS 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1996 MAR-31-1996 JUN-30-1996 SEP-30-1996 <PERIOD-END> DEC-31-1995 DEC-31-1996 MAR-31-1996 JUN-30-1996 SEP-30-1996 <DEBT-HELD-FOR-SALE> 1,593,543 1,703,537 1,600,344 1,605,320 1,658,278 <DEBT-CARRYING-VALUE> 0 0 0 0 0 <DEBT-MARKET-VALUE> 0 0 0 0 0 <EQUITIES> 127,257 179,619 124,307 138,548 152,419 <MORTGAGE> 0 0 0 0 0 <REAL-ESTATE> 0 0 0 0 0 <TOTAL-INVEST> 1,853,206 1,985,049 1,858,566 1,857,415 1,922,352 <CASH> 10,320 18,853 20,446 15,306 7,668 <RECOVER-REINSURE> 19,051 15,457 17,374 18,952 13,567 <DEFERRED-ACQUISITION> 70,466 85,211 72,308 75,856 79,399 <TOTAL-ASSETS> 2,462,131 2,745,631 2,536,678 2,573,793 2,662,154 <POLICY-LOSSES> 1,292,415 1,513,345 1,328,438 1,382,739 1,443,686 <UNEARNED-PREMIUMS> 230,738 271,898 235,828 242,978 251,774 <POLICY-OTHER> 5,262 8,271 11,579 11,903 5,819 <POLICY-HOLDER-FUNDS> 0 0 0 0 0 <NOTES-PAYABLE> 299,927 299,934 299,929 299,930 299,932 <PREFERRED-MANDATORY> 0 0 0 0 0 <PREFERRED> 0 0 0 0 0 <COMMON> 2,134 2,146 2,139 2,142 2,145 <OTHER-SE> 509,822 551,123 506,460 503,404 526,253 <TOTAL-LIABILITY-AND-EQUITY> 2,462,131 2,745,631 2,536,578 2,573,793 2,662,154 <PREMIUMS> 491,785 526,342 116,821 247,167 386,282 <INVESTMENT-INCOME> 89,308 104,330 25,743 51,359 77,499 <INVESTMENT-GAINS> 25,391 19,569 9,817 12,532 14,654 <OTHER-INCOME> 0 0 0 0 0 <BENEFITS> 326,148 338,953 73,689 158,214 248,710 <UNDERWRITING-AMORTIZATION> 185,867 199,930 46,169 94,700 145,931 <UNDERWRITING-OTHER> 15,648 22,322 5,571 11,191 16,896 <INCOME-PRETAX> 78,821 89,036 26,952 46,953 66,898 <INCOME-TAX> 15,997 18,516 6,180 9,767 13,674 <INCOME-CONTINUING> 62,824 70,520 20,772 37,186 53,224 <DISCONTINUED> 0 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 0 <CHANGES> 0 0 0 0 0 <NET-INCOME> 62,824 70,520 20,772 37,186 53,224 <EPS-PRIMARY> 3.55 3.74 1.08 1.95 2.81 <EPS-DILUTED> 3.30 3.51 1.00 1.82 2.62 <RESERVE-OPEN> 1,086,170 1,292,415 0 0 0 <PROVISION-CURRENT> 345,783 372,294 0 0 0 <PROVISION-PRIOR> (19,635) (33,341) 0 0 0 <PAYMENTS-CURRENT> 40,123 44,025 0 0 0 <PAYMENTS-PRIOR> 140,263 146,399 0 0 0 <RESERVE-CLOSE> 1,292,415 1,513,345 0 0 0 <CUMULATIVE-DEFICIENCY> 0 0 0 0 0