<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 101,702,849 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 101,702,849 <CASH> 183,391 <RECOVER-REINSURE> 164,241 <DEFERRED-ACQUISITION> 5,079,264 <TOTAL-ASSETS> 117,887,126 <POLICY-LOSSES> 42,170,299 <UNEARNED-PREMIUMS> 20,255,956 <POLICY-OTHER> 2,020,456 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,886,952 <OTHER-SE> 46,219,830 <TOTAL-LIABILITY-AND-EQUITY> 117,887,126 <PREMIUMS> 18,199,171 <INVESTMENT-INCOME> 2,764,075 <INVESTMENT-GAINS> 16,230 <OTHER-INCOME> 3,309,489 <BENEFITS> 9,194,681 <UNDERWRITING-AMORTIZATION> 5,025,638 <UNDERWRITING-OTHER> 3,652,146 <INCOME-PRETAX> 6,416,500 <INCOME-TAX> 2,068,680 <INCOME-CONTINUING> 4,347,820 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,347,820 <EPS-PRIMARY> 0.70 <EPS-DILUTED> 0.68 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0