UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the period ended March 31, 1996
- or -
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
COMMISSION FILE NUMBER 1-9460
LAWRENCE INSURANCE GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 13-3370656
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
500 Fifth Avenue, New York, New York 10110
(Address of principal executive offices)
(212) 944-8242
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days: Yes X No
As of April 1, 1996, there were 14,121,482 shares of common
stock, $.01 par value, issued and outstanding. The aggregate
market value on April 1, 1996 of voting stock held by non-
affiliates of the registrant was $723,000.
Page 1 of 2
<PAGE>
The original filing is being amended to include the Financial Data
Schedule Exhibit 27 as provided for under Regulation 229.601 Item
601.
LAWRENCE INSURANCE GROUP, INC.
SIGNATURES
MARCH 31, 1996
_____________________________
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
LAWRENCE INSURANCE GROUP, INC.
/s/ ALBERT W. LAWRENCE
-----------------------------------------
Albert W. Lawrence, Chairman of the Board
/s/ ALBERT F. KILTS
---------------------------------
Albert F. Kilts, President
/s/ FLOYD N. ADAMS
--------------------------
Floyd N. Adams, Treasurer
Page 2 of 2
<TABLE> <S> <C>
<ARTICLE> 7
<CIK> 0000805266
<NAME> LAWRENCE INSURANCE GROUP, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<DEBT-HELD-FOR-SALE> 7,291
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 938
<MORTGAGE> 167
<REAL-ESTATE> 0
<TOTAL-INVEST> 14,675
<CASH> 2,611
<RECOVER-REINSURE> 5,551
<DEFERRED-ACQUISITION> 41
<TOTAL-ASSETS> 35,054
<POLICY-LOSSES> 27,243
<UNEARNED-PREMIUMS> 312
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 0
<NOTES-PAYABLE> 300
<COMMON> 141
0
0
<OTHER-SE> 803
<TOTAL-LIABILITY-AND-EQUITY> 35,054
1,156
<INVESTMENT-INCOME> 631
<INVESTMENT-GAINS> 733
<OTHER-INCOME> 0
<BENEFITS> 820
<UNDERWRITING-AMORTIZATION> 246
<UNDERWRITING-OTHER> 460
<INCOME-PRETAX> 994
<INCOME-TAX> (14)
<INCOME-CONTINUING> 1,008
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 849
<EPS-PRIMARY> .06
<EPS-DILUTED> .06
<RESERVE-OPEN> 30,974
<PROVISION-CURRENT> 582
<PROVISION-PRIOR> 238
<PAYMENTS-CURRENT> 113
<PAYMENTS-PRIOR> 2,767
<RESERVE-CLOSE> 27,243
<CUMULATIVE-DEFICIENCY> 238
</TABLE>
