
<TABLE> <S> <C>

<ARTICLE>   7


       
<S>                                              <C>
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                                              DEC-31-1996
<PERIOD-END>                                                   MAR-31-1996
<DEBT-HELD-FOR-SALE>                                            53,023,771
<DEBT-CARRYING-VALUE>                                           97,938,223
<DEBT-MARKET-VALUE>                                             99,301,356
<EQUITIES>                                                       4,093,737
<MORTGAGE>                                                               0
<REAL-ESTATE>                                                      610,000
<TOTAL-INVEST>                                                 161,532,429
<CASH>                                                           1,598,082
<RECOVER-REINSURE>                                                       0
<DEFERRED-ACQUISITION>                                           7,247,548
<TOTAL-ASSETS>                                                 237,907,932
<POLICY-LOSSES>                                                100,079,040
<UNEARNED-PREMIUMS>                                             56,939,072
<POLICY-OTHER>                                                           0
<POLICY-HOLDER-FUNDS>                                                    0
<NOTES-PAYABLE>                                                  5,000,000
<PREFERRED-MANDATORY>                                                    0
<PREFERRED>                                                              0
<COMMON>                                                         4,341,992
<OTHER-SE>                                                      69,022,331
<TOTAL-LIABILITY-AND-EQUITY>                                   237,907,932
<PREMIUMS>                                                      24,695,309
<INVESTMENT-INCOME>                                              2,591,734
<INVESTMENT-GAINS>                                                 262,074
<OTHER-INCOME>                                                     349,665
<BENEFITS>                                                      17,793,237
<UNDERWRITING-AMORTIZATION>                                      4,112,000
<UNDERWRITING-OTHER>                                             3,426,291
<INCOME-PRETAX>                                                  1,728,435
<INCOME-TAX>                                                       317,503
<INCOME-CONTINUING>                                              1,410,932
<DISCONTINUED>                                                           0
<EXTRAORDINARY>                                                          0
<CHANGES>                                                                0
<NET-INCOME>                                                     1,410,932
<EPS-PRIMARY>                                                          .32
<EPS-DILUTED>                                                          .32
<RESERVE-OPEN>                                                      70,041
<PROVISION-CURRENT>                                                 19,563
<PROVISION-PRIOR>                                                   (1,770)
<PAYMENTS-CURRENT>                                                   8,834
<PAYMENTS-PRIOR>                                                     7,517
<RESERVE-CLOSE>                                                     71,483
<CUMULATIVE-DEFICIENCY>                                                  0
        


</TABLE>
