<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <DEBT-HELD-FOR-SALE> 254,307 <DEBT-CARRYING-VALUE> 273,807 <DEBT-MARKET-VALUE> 273,821 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 273,807 <CASH> 2,885 <RECOVER-REINSURE> 354,217 <DEFERRED-ACQUISITION> 9,361 <TOTAL-ASSETS> 686,158 <POLICY-LOSSES> 413,368 <UNEARNED-PREMIUMS> 137,601 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,079 <OTHER-SE> 65,393 <TOTAL-LIABILITY-AND-EQUITY> 686,158 <PREMIUMS> 49,843 <INVESTMENT-INCOME> 7,977 <INVESTMENT-GAINS> 464 <OTHER-INCOME> 3,314 <BENEFITS> 44,522 <UNDERWRITING-AMORTIZATION> 9,407 <UNDERWRITING-OTHER> 5,752 <INCOME-PRETAX> 1,620 <INCOME-TAX> 567 <INCOME-CONTINUING> 1,053 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,053 <EPS-PRIMARY> .15 <EPS-DILUTED> .15 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0