<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 31,927 <DEBT-CARRYING-VALUE> 16,999 <DEBT-MARKET-VALUE> 17,036 <EQUITIES> 9,846 <MORTGAGE> 110 <REAL-ESTATE> 0 <TOTAL-INVEST> 68,790 <CASH> 415 <RECOVER-REINSURE> 2,949 <DEFERRED-ACQUISITION> 4,943 <TOTAL-ASSETS> 126,334 <POLICY-LOSSES> 33,741 <UNEARNED-PREMIUMS> 31,769 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 1,891 <NOTES-PAYABLE> 7,529 <COMMON> 42 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <OTHER-SE> 48,072 <TOTAL-LIABILITY-AND-EQUITY> 126,334 <PREMIUMS> 42,799 <INVESTMENT-INCOME> 2,294 <INVESTMENT-GAINS> 1,041 <OTHER-INCOME> 528 <BENEFITS> 22,814 <UNDERWRITING-AMORTIZATION> 5,295 <UNDERWRITING-OTHER> 5,743 <INCOME-PRETAX> 3,387 <INCOME-TAX> 554 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,833 <EPS-PRIMARY> .58 <EPS-DILUTED> .58 <RESERVE-OPEN> 14,207 <PROVISION-CURRENT> 23,273 <PROVISION-PRIOR> 1,217 <PAYMENTS-CURRENT> 12,522 <PAYMENTS-PRIOR> 7,206 <RESERVE-CLOSE> 33,481 <CUMULATIVE-DEFICIENCY> 0