<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>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<DEBT-HELD-FOR-SALE>                         2,614,742<F1>
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                           0
<MORTGAGE>                                      42,894
<REAL-ESTATE>                                    8,549
<TOTAL-INVEST>                               2,737,968
<CASH>                                          12,027
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                          75,173
<TOTAL-ASSETS>                               3,746,285
<POLICY-LOSSES>                              2,151,705<F1>
<UNEARNED-PREMIUMS>                            154,489
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          120,516
<NOTES-PAYABLE>                                149,555
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            58
<OTHER-SE>                                     450,778
<TOTAL-LIABILITY-AND-EQUITY>                 3,746,285
<PREMIUMS>                                     372,486
<INVESTMENT-INCOME>                            148,642
<INVESTMENT-GAINS>                               2,603
<OTHER-INCOME>                                       0
<BENEFITS>                                     261,172
<UNDERWRITING-AMORTIZATION>                     30,236
<UNDERWRITING-OTHER>                            71,763
<INCOME-PRETAX>                                 71,493
<INCOME-TAX>                                    19,078
<INCOME-CONTINUING>                             52,415
<DISCONTINUED>                                 (3,577)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    48,838
<EPS-PRIMARY>                                     1.04
<EPS-DILUTED>                                     1.03
<RESERVE-OPEN>                                       0<F2>
<PROVISION-CURRENT>                                  0<F2>
<PROVISION-PRIOR>                                    0<F2>
<PAYMENTS-CURRENT>                                   0<F2>
<PAYMENTS-PRIOR>                                     0<F2>
<RESERVE-CLOSE>                                      0<F2>
<CUMULATIVE-DEFICIENCY>                              0<F2>
<FN>
<F1>Refer to the Company's Consolidated Balance Sheet as of September 30, 1996.
<F2>The SEC does not require this disclosure for interim reporting.
</FN>