<ARTICLE> 7 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q FOR THE SIX MONTHS ENDED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <DEBT-HELD-FOR-SALE> 83,743 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 4 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 109,704 <CASH> 324 <RECOVER-REINSURE> 7,677 <DEFERRED-ACQUISITION> 43,243 <TOTAL-ASSETS> 289,434 <POLICY-LOSSES> 58,695 <UNEARNED-PREMIUMS> 104 <POLICY-OTHER> 43,444 <POLICY-HOLDER-FUNDS> 4,799 <NOTES-PAYABLE> 56,866 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,169 <OTHER-SE> 95,246 <TOTAL-LIABILITY-AND-EQUITY> 289,434 <PREMIUMS> 20,281 <INVESTMENT-INCOME> 4,503 <INVESTMENT-GAINS> 0 <OTHER-INCOME> 1,329 <BENEFITS> 9,206 <UNDERWRITING-AMORTIZATION> 2,282 <UNDERWRITING-OTHER> 6,142 <INCOME-PRETAX> 5,715 <INCOME-TAX> 1,265 <INCOME-CONTINUING> 4,449 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,449 <EPS-PRIMARY> .80 <EPS-DILUTED> .80 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0