<TABLE> <S> <C>

<ARTICLE> 7
<RESTATED> 
<MULTIPLIER> 1,000
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1997
<PERIOD-END>                               MAR-31-1997             JUN-30-1997
<DEBT-HELD-FOR-SALE>                           937,858                 987,867
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                 937,858                 987,867
<CASH>                                          20,775                   6,812
<RECOVER-REINSURE>                                 269                     732
<DEFERRED-ACQUISITION>                         118,482                 123,966
<TOTAL-ASSETS>                               1,220,000               1,315,617
<POLICY-LOSSES>                                 19,924                  23,012
<UNEARNED-PREMIUMS>                            367,424                 391,746
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                 99,791                  99,800
<PREFERRED-MANDATORY>                           75,000                  75,000
<PREFERRED>                                          0                       0
<COMMON>                                           161                     161
<OTHER-SE>                                     492,036                 518,354
<TOTAL-LIABILITY-AND-EQUITY>                     1,220               1,315,617
<PREMIUMS>                                      30,549                  62,423
<INVESTMENT-INCOME>                             13,815                  27,805
<INVESTMENT-GAINS>                               2,785                   2,593
<OTHER-INCOME>                                     703                   1,922
<BENEFITS>                                       4,818                   9,848
<UNDERWRITING-AMORTIZATION>                     10,240                  20,912
<UNDERWRITING-OTHER>                             3,047                   5,916
<INCOME-PRETAX>                                 23,878                  46,933
<INCOME-TAX>                                     6,742                  13,689
<INCOME-CONTINUING>                             17,136                  33,245
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    17,136                  33,245
<EPS-PRIMARY>                                     1.08                    2.10
<EPS-DILUTED>                                     1.06                    2.05
<RESERVE-OPEN>                                  17,759                  17,759
<PROVISION-CURRENT>                              1,743                   6,464
<PROVISION-PRIOR>                                3,075                   3,384
<PAYMENTS-CURRENT>                                  16                     391
<PAYMENTS-PRIOR>                                 5,022                   7,391
<RESERVE-CLOSE>                                 17,538                  19,825
<CUMULATIVE-DEFICIENCY>                              0<F1>                       0<F1>
<FN>
<F1>
</FN>
        

</TABLE>