<ARTICLE> 7 <MULTIPLIER> 1 <PERIOD-TYPE> QTR-3 <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <DEBT-HELD-FOR-SALE> 334,301,000 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 342,648,000 <CASH> 1,224,000 <RECOVER-REINSURE> 909,000 <DEFERRED-ACQUISITION> 14,350,000 <TOTAL-ASSETS> 466,035,000 <POLICY-LOSSES> 203,955,000 <UNEARNED-PREMIUMS> 54,616,000 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 69,000,000 <COMMON> 954,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 123,543,000 <TOTAL-LIABILITY-AND-EQUITY> 466,035,000 <PREMIUMS> 96,329,000 <INVESTMENT-INCOME> 16,049,000 <INVESTMENT-GAINS> 39,000 <OTHER-INCOME> 0 <BENEFITS> 69,510,000 <UNDERWRITING-AMORTIZATION> 24,380,000 <UNDERWRITING-OTHER> 8,042,000 <INCOME-PRETAX> 7,639,000 <INCOME-TAX> 611,000 <INCOME-CONTINUING> 7,028,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,028,000 <EPS-PRIMARY> 1.01 <EPS-DILUTED> .81 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0 <FN> According to "Securities Act Guide 6," the items beginning with "Reserve- Open" and ending with "Cumulative-Deficiency" are to be reported for fiscal year-end periods only and are not required in interim reports.