<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
12/31/99 balance sheet and income statement and is qualified in its
entirety by reference.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               DEC-31-1999
<DEBT-HELD-FOR-SALE>                       256,181,429
<DEBT-CARRYING-VALUE>                      127,204,160
<DEBT-MARKET-VALUE>                        126,679,065
<EQUITIES>                                  32,408,272
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                             435,958,071
<CASH>                                       1,508,678
<RECOVER-REINSURE>                          11,129,365
<DEFERRED-ACQUISITION>                      13,619,192
<TOTAL-ASSETS>                             496,575,978
<POLICY-LOSSES>                            266,514,024
<UNEARNED-PREMIUMS>                         64,991,129
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                        1,093,254
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    11,265,232
<OTHER-SE>                                 130,651,045
<TOTAL-LIABILITY-AND-EQUITY>               496,575,978
<PREMIUMS>                                 211,098,141
<INVESTMENT-INCOME>                         25,760,561
<INVESTMENT-GAINS>                             276,673
<OTHER-INCOME>                               2,194,162
<BENEFITS>                                 176,876,248
<UNDERWRITING-AMORTIZATION>                 48,056,918
<UNDERWRITING-OTHER>                        17,465,822
<INCOME-PRETAX>                            (5,991,274)
<INCOME-TAX>                               (5,187,289)
<INCOME-CONTINUING>                          (803,985)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (803,985)
<EPS-BASIC>                                     (0.07)
<EPS-DILUTED>                                   (0.07)
<RESERVE-OPEN>                             245,610,323
<PROVISION-CURRENT>                        182,609,687
<PROVISION-PRIOR>                          (5,733,439)
<PAYMENTS-CURRENT>                          72,970,531
<PAYMENTS-PRIOR>                            77,699,231
<RESERVE-CLOSE>                            266,514,024
<CUMULATIVE-DEFICIENCY>                    (5,733,439)