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                  PROSPECTUS SUPPLEMENT DATED NOVEMBER 14, 1997
                           FOR THE ALLIED GROUP, INC.
                    ALLIED LIFE EMPLOYEE STOCK PURCHASE PLAN

The prospectus dated February 11, 1997 (the  "Prospectus") for the ALLIED Group,
Inc.  ALLIED Life Employee Stock Purchase Plan (the "Plan") is  supplemented  to
reflect  the  information  set forth  below.  You  should  keep this  Prospectus
Supplement with the Prospectus.

3-FOR-2 STOCK SPLIT

The Company effected a 3-for-2 stock split on November 14, 1997, which increased
the  number of shares  remaining  to be issued  under the Plan from  370,167  to
555,251.



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