<ARTICLE> 7 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 90,847,931 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 215,630 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 91,063,561 <CASH> 157,782 <RECOVER-REINSURE> 402,060 <DEFERRED-ACQUISITION> 4,967,800 <TOTAL-ASSETS> 111,543,663 <POLICY-LOSSES> 42,356,119 <UNEARNED-PREMIUMS> 21,991,362 <POLICY-OTHER> 2,069,060 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,836,781 <OTHER-SE> 39,898,505 <TOTAL-LIABILITY-AND-EQUITY> 111,543,663 <PREMIUMS> 27,373,507 <INVESTMENT-INCOME> 3,689,775 <INVESTMENT-GAINS> 25,093 <OTHER-INCOME> 5,222,140 <BENEFITS> 14,742,677 <UNDERWRITING-AMORTIZATION> 7,965,440 <UNDERWRITING-OTHER> 5,564,130 <INCOME-PRETAX> 8,038,268 <INCOME-TAX> 2,437,724 <INCOME-CONTINUING> 5,600,544 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,600,544 <EPS-PRIMARY> .88 <EPS-DILUTED> .88 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0