<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
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                  53,224
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                       0
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                       0
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                       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
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                       0
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                       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