EXHIBIT 99

FOR: Release at 8:30 a.m.                         CONTACT:  Paul D. Yared
Wednesday, July 1, 1998                                     (616) 956-3558


                      FOREMOST CORPORATION OF AMERICA
                        REINCORPORATES IN MICHIGAN


GRAND RAPIDS, Michigan - July 1, 1998 - Foremost Corporation of America

(NYSE: FOM) changed its state of incorporation from Delaware to Michigan

yesterday, June 30, 1998.  The reincorporation was accomplished through the

merger of Foremost Corporation of America into its wholly owned Michigan

subsidiary, Foremost-Michigan Corporation.



The Foremost Corporation of America Board of Directors approved the merger

on February 23, 1998, shareholders voted their approval at the

corporation's annual meeting on April 30, 1998.



On the merger's effective date, each issued and outstanding share of common

stock of Foremost Corporation of America was automatically converted into a

share of common stock of Foremost-Michigan Corporation.  Shareholders

should retain their existing stock certificates as an exchange of

certificates is not required.  In the merger, Foremost-Michigan Corporation

was renamed Foremost Corporation of America in the merger.



"By reincorporation from Delaware to Michigan, Foremost will pay

significantly less in franchise tax.  Since Foremost was incorporated in

Delaware in 1967, the Michigan corporate law has evolved to accommodate

corporations and provides a corporate environment very similar to what

Delaware offers.  We believe it's in the best interest of Foremost and its

shareholders to make this change," said Richard L. Antonini, Foremost

Chairman, President and Chief Executive Officer. 



"This merger has no effect on our day-to-day business, our properties or

our management," Antonini added.  "Our directors and officers remain the

same as before."



The subsidiaries of Foremost Corporation of America specialize in mobile

home, motor home, travel trailer, dwelling fire, and direct-market auto and

homeowners insurance.  Foremost insurance subsidiaries have an A+

(Superior) rating from A.M. Best, and were named as among 1997's most

financially sound insurance companies in the country by Ward Financial

Group.