<TABLE> <S> <C>

<PAGE>
 
<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONDENSED
CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1995
<PERIOD-START>                             OCT-01-1995             JAN-01-1995
<PERIOD-END>                               DEC-31-1995             DEC-31-1995
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                       0                 170,258
<CASH>                                               0                  32,201
<RECOVER-REINSURE>                                   0                  18,597
<DEFERRED-ACQUISITION>                               0                   2,830
<TOTAL-ASSETS>                                       0                 249,872
<POLICY-LOSSES>                                      0                  78,894
<UNEARNED-PREMIUMS>                                  0                  17,705
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                      0                  35,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                             0                      61
<OTHER-SE>                                           0                  88,000
<TOTAL-LIABILITY-AND-EQUITY>                         0                 249,872
<PREMIUMS>                                      30,128                 114,971
<INVESTMENT-INCOME>                              2,286                   9,190
<INVESTMENT-GAINS>                                 429                   1,022
<OTHER-INCOME>                                   6,613                  25,994
<BENEFITS>                                      20,981                  77,743
<UNDERWRITING-AMORTIZATION>                      9,157                  35,964
<UNDERWRITING-OTHER>                             3,885                  16,357
<INCOME-PRETAX>                                  4,798                  18,159
<INCOME-TAX>                                     1,192                   4,305
<INCOME-CONTINUING>                                  0                       0
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     3,606                  13,854
<EPS-PRIMARY>                                     0.61                    2.42
<EPS-DILUTED>                                     0.61                    2.42
<RESERVE-OPEN>                                       0                  56,304
<PROVISION-CURRENT>                                  0                  74,935
<PROVISION-PRIOR>                                    0                   2,808
<PAYMENTS-CURRENT>                                   0                  39,511
<PAYMENTS-PRIOR>                                     0                  32,116
<RESERVE-CLOSE>                                      0                  62,420
<CUMULATIVE-DEFICIENCY>                              0                   2,808
        

</TABLE>