<ARTICLE> 7 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <DEBT-HELD-FOR-SALE> 252,073 <DEBT-CARRYING-VALUE> 272,992 <DEBT-MARKET-VALUE> 273,000 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 272,992 <CASH> 2,232 <RECOVER-REINSURE> 334,220 <DEFERRED-ACQUISITION> 7,707 <TOTAL-ASSETS> 653,730 <POLICY-LOSSES> 406,087 <UNEARNED-PREMIUMS> 111,657 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,079 <OTHER-SE> 68,579 <TOTAL-LIABILITY-AND-EQUITY> 653,730 <PREMIUMS> 96,073 <INVESTMENT-INCOME> 16,358 <INVESTMENT-GAINS> 1,130 <OTHER-INCOME> 7,229 <BENEFITS> 88,350 <UNDERWRITING-AMORTIZATION> 16,204 <UNDERWRITING-OTHER> 11,681 <INCOME-PRETAX> 3,964 <INCOME-TAX> 1,330 <INCOME-CONTINUING> 2,634 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,634 <EPS-PRIMARY> .37 <EPS-DILUTED> .37 <RESERVE-OPEN> 142,718 <PROVISION-CURRENT> 80,216 <PROVISION-PRIOR> 8,134 <PAYMENTS-CURRENT> 27,192 <PAYMENTS-PRIOR> 60,382 <RESERVE-CLOSE> 143,494 <CUMULATIVE-DEFICIENCY> (8,134)