<ARTICLE> 7 <MULTIPLIER> 1 <PERIOD-TYPE> Year <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <DEBT-HELD-FOR-SALE> 103,562,307 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 66,000 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 103,628,307 <CASH> 105,439 <RECOVER-REINSURE> 3,984,174 <DEFERRED-ACQUISITION> 4,338,217 <TOTAL-ASSETS> 121,978,756 <POLICY-LOSSES> 41,592,489 <UNEARNED-PREMIUMS> 16,583,143 <POLICY-OTHER> 2,571,190 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,098,389 <OTHER-SE> 51,742,408 <TOTAL-LIABILITY-AND-EQUITY> 121,978,756 <PREMIUMS> 28,109,361 <INVESTMENT-INCOME> 5,990,887 <INVESTMENT-GAINS> 64,793 <OTHER-INCOME> 6,569,216 <BENEFITS> 17,027,190 <UNDERWRITING-AMORTIZATION> 8,362,814 <UNDERWRITING-OTHER> 8,219,364 <INCOME-PRETAX> 7,124,889 <INCOME-TAX> 1,993,523 <INCOME-CONTINUING> 5,131,366 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,131,366 <EPS-BASIC> 0.82 <EPS-DILUTED> 0.81 <RESERVE-OPEN> 40,374,232 <PROVISION-CURRENT> 18,268,710 <PROVISION-PRIOR> (1,241,520) <PAYMENTS-CURRENT> 4,380,090 <PAYMENTS-PRIOR> 15,393,167 <RESERVE-CLOSE> 37,628,165 <CUMULATIVE-DEFICIENCY> 1,241,287