<ARTICLE> 7
<LEGEND>
PERIODS PRESENTED HAVE BEEN STATED IN ACCORDANCE WITH FASB 128, EARNINGS PER
SHARE.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                                       
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1997             DEC-31-1997
<PERIOD-END>                               MAR-31-1997             JUN-30-1997             SEP-30-1997
<DEBT-HELD-FOR-SALE>                            44,810                  42,213                  47,301
<DEBT-CARRYING-VALUE>                          270,406                 271,852                 286,558
<DEBT-MARKET-VALUE>                            268,589                 273,591                 291,161
<EQUITIES>                                     192,129                 220,430                 233,780
<MORTGAGE>                                           0                       0                       0
<REAL-ESTATE>                                        0                       0                       0
<TOTAL-INVEST>                                 513,664                 551,137                 572,223
<CASH>                                               0                       0                       0
<RECOVER-REINSURE>                              51,686                  56,229                  43,060
<DEFERRED-ACQUISITION>                          22,498                  24,485                  22,831
<TOTAL-ASSETS>                                 839,015                 890,633                 898,496
<POLICY-LOSSES>                                243,006                 243,939                 245,660
<UNEARNED-PREMIUMS>                            130,273                 135,436                 129,964
<POLICY-OTHER>                                       0                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0                       0
<NOTES-PAYABLE>                                 46,000                  46,000                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                         8,454                   8,454                  10,224
<OTHER-SE>                                     191,557                 215,613                 269,489
<TOTAL-LIABILITY-AND-EQUITY>                   839,015                 890,633                 898,496
<PREMIUMS>                                      33,066                  69,040                 104,935
<INVESTMENT-INCOME>                              6,022                  12,021                  18,268
<INVESTMENT-GAINS>                                 560                   2,294                   2,839
<OTHER-INCOME>                                     244                     540                     860
<BENEFITS>                                      15,703                  31,354                  46,578
<UNDERWRITING-AMORTIZATION>                      9,963                  20,894                  32,213
<UNDERWRITING-OTHER>                             3,784                   8,546                  13,069
<INCOME-PRETAX>                                  8,869                  19,876                  30,724
<INCOME-TAX>                                     2,313                   5,336                   8,288
<INCOME-CONTINUING>                              6,556                  14,540                  22,436
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                     6,556                  14,540                  22,436
<EPS-PRIMARY>                                     0.85                    1.90                    2.77
<EPS-DILUTED>                                      .74                    1.63                    2.48
<RESERVE-OPEN>                                 240,784                 240,784                 240,784
<PROVISION-CURRENT>                             16,276                  31,514                  46,744
<PROVISION-PRIOR>                                (572)                   (160)                   (165)
<PAYMENTS-CURRENT>                                 585                   2,803                   6,516
<PAYMENTS-PRIOR>                                13,135                  25,606                  35,570
<RESERVE-CLOSE>                                243,006                 243,939                 245,660
<CUMULATIVE-DEFICIENCY>                              0                       0                       0