<ARTICLE> 7
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND THE CONSOLIDATED STATEMENT OF OPERATIONS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<DEBT-HELD-FOR-SALE>                         2,658,512<F1>
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                      35,416
<REAL-ESTATE>                                    7,592
<TOTAL-INVEST>                               2,784,336
<CASH>                                          13,704
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                          75,071
<TOTAL-ASSETS>                               3,861,026
<POLICY-LOSSES>                              2,154,254<F1>
<UNEARNED-PREMIUMS>                            155,776
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          118,549
<NOTES-PAYABLE>                                133,564
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            58
<OTHER-SE>                                     484,337
<TOTAL-LIABILITY-AND-EQUITY>                 3,861,026
<PREMIUMS>                                     502,699
<INVESTMENT-INCOME>                            198,607
<INVESTMENT-GAINS>                               2,451
<OTHER-INCOME>                                       0
<BENEFITS>                                     346,691
<UNDERWRITING-AMORTIZATION>                     41,063
<UNDERWRITING-OTHER>                            97,021
<INCOME-PRETAX>                                100,619
<INCOME-TAX>                                    26,817
<INCOME-CONTINUING>                             73,802
<DISCONTINUED>                                 (9,163)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    64,639
<EPS-PRIMARY>                                     1.38
<EPS-DILUTED>                                     1.36
<RESERVE-OPEN>                                 345,889<F2>
<PROVISION-CURRENT>                            368,648
<PROVISION-PRIOR>                             (62,546)
<PAYMENTS-CURRENT>                             206,370
<PAYMENTS-PRIOR>                               139,272
<RESERVE-CLOSE>                                306,349<F2>
<CUMULATIVE-DEFICIENCY>                         62,546
<FN>
<F1>Refer to the Company's Consolidated Balance Sheet as of December 31, 1996.
<F2>These balances are net of reinsurance recoverables.  See also Note 1 -
Significant Accounting Policies of the Company's Consolidated Notes to
Financial Statements for December 31, 1996.
</FN>