<ARTICLE> 7
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                                       
<PERIOD-TYPE>                   9-MOS                   6-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-END>                               SEP-30-1996             JUN-30-1996             MAR-31-1996
<DEBT-HELD-FOR-SALE>                         1,042,041               1,069,668               1,078,117
<DEBT-CARRYING-VALUE>                        1,042,041               1,069,668               1,078,117
<DEBT-MARKET-VALUE>                          1,042,041               1,069,668               1,078,117
<EQUITIES>                                       2,767                   4,032                   2,226
<MORTGAGE>                                           0                       0                       0
<REAL-ESTATE>                                        0                       0                       0
<TOTAL-INVEST>                               1,044,808               1,073,700               1,080,343
<CASH>                                          30,429                  34,707                  54,503
<RECOVER-REINSURE>                              72,225                  57,579                  58,695
<DEFERRED-ACQUISITION>                           7,049                   9,701                  10,023
<TOTAL-ASSETS>                               1,512,601               1,537,319               1,575,911
<POLICY-LOSSES>                                514,392                 533,806                 566,559
<UNEARNED-PREMIUMS>                            247,570                 270,129                 279,480
<POLICY-OTHER>                                       0                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0                       0
<NOTES-PAYABLE>                                175,000                 175,000                 175,000
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                    224,950                 224,950                 224,950
<COMMON>                                        70,072                  69,980                  69,889
<OTHER-SE>                                     196,927                 176,090                 161,239
<TOTAL-LIABILITY-AND-EQUITY>                 1,512,601               1,537,319               1,575,911
<PREMIUMS>                                     662,451                 457,696                 232,628
<INVESTMENT-INCOME>                             55,235                  37,465                  18,689
<INVESTMENT-GAINS>                               6,540                   3,898                   2,588
<OTHER-INCOME>                                       0                       0                       0
<BENEFITS>                                     530,572                 364,826                 191,596
<UNDERWRITING-AMORTIZATION>                     25,319                  16,489                   8,168
<UNDERWRITING-OTHER>                            35,031                  24,888                  12,372
<INCOME-PRETAX>                                122,611                  85,808                  38,204
<INCOME-TAX>                                    40,755                  28,297                  12,621
<INCOME-CONTINUING>                             81,856                  57,511                  25,583
<DISCONTINUED>                                       0                       0                       0
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<NET-INCOME>                                    81,856                  57,511                  25,583
<EPS-PRIMARY>                                      .37                     .52                     .40
<EPS-DILUTED>                                      .31                     .41                     .32
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<PROVISION-PRIOR>                                    0                       0                       0
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<PAYMENTS-PRIOR>                                     0                       0                       0
<RESERVE-CLOSE>                                      0                       0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0                       0