<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <DEBT-HELD-FOR-SALE> 194,604,358 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 2,577,325 <MORTGAGE> 14,674,647 <REAL-ESTATE> 368,844 <TOTAL-INVEST> 222,570,010 <CASH> 5,424,683 <RECOVER-REINSURE> 373,881 <DEFERRED-ACQUISITION> 30,141,274 <TOTAL-ASSETS> 298,368,054 <POLICY-LOSSES> 221,703,744 <UNEARNED-PREMIUMS> 23,657,239 <POLICY-OTHER> 1,960,559 <POLICY-HOLDER-FUNDS> 1,834,935 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,448,454 <OTHER-SE> 40,050,549 <TOTAL-LIABILITY-AND-EQUITY> 298,368,054 <PREMIUMS> 35,546,511 <INVESTMENT-INCOME> 11,368,340 <INVESTMENT-GAINS> (33,434) <OTHER-INCOME> 316,610 <BENEFITS> 16,918,730 <UNDERWRITING-AMORTIZATION> (1,455,174) <UNDERWRITING-OTHER> 28,276,158 <INCOME-PRETAX> 3,458,313 <INCOME-TAX> 968,328 <INCOME-CONTINUING> 2,489,985 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,489,985 <EPS-BASIC> 2.75 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0