<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <DEBT-HELD-FOR-SALE> 37,356 <DEBT-CARRYING-VALUE> 17,923 <DEBT-MARKET-VALUE> 18,158 <EQUITIES> 8,930 <MORTGAGE> 107 <REAL-ESTATE> 0 <TOTAL-INVEST> 71,018 <CASH> 637 <RECOVER-REINSURE> 2,400 <DEFERRED-ACQUISITION> 5,193 <TOTAL-ASSETS> 130,936 <POLICY-LOSSES> 36,551 <UNEARNED-PREMIUMS> 33,250 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 2,380 <NOTES-PAYABLE> 8,369 <COMMON> 47 <PREFERRED-MANDATORY> 0 <PREFERRED> 1 <OTHER-SE> 46,786 <TOTAL-LIABILITY-AND-EQUITY> 130,936 <PREMIUMS> 47,002 <INVESTMENT-INCOME> 3,168 <INVESTMENT-GAINS> 1,778 <OTHER-INCOME> 731 <BENEFITS> 34,602 <UNDERWRITING-AMORTIZATION> 7,424 <UNDERWRITING-OTHER> 8,110 <INCOME-PRETAX> 1,902 <INCOME-TAX> (20) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,922 <EPS-PRIMARY> .31 <EPS-DILUTED> .31 <RESERVE-OPEN> 20,153 <PROVISION-CURRENT> 32,276 <PROVISION-PRIOR> 2,326 <PAYMENTS-CURRENT> 18,522 <PAYMENTS-PRIOR> 6,887 <RESERVE-CLOSE> 22,342 <CUMULATIVE-DEFICIENCY> 0