WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE>                                           7
<LEGEND>
     (*Not disclosed on quarterly basis)
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   SEP-30-1997
<DEBT-HELD-FOR-SALE>                           17,523,066
<DEBT-CARRYING-VALUE>                           4,644,864
<DEBT-MARKET-VALUE>                                     0*
<EQUITIES>                                      6,255,731
<MORTGAGE>                                              0
<REAL-ESTATE>                                           0
<TOTAL-INVEST>                                 28,534,646
<CASH>                                          4,309,264
<RECOVER-REINSURE>                                      0
<DEFERRED-ACQUISITION>                                  0
<TOTAL-ASSETS>                                 39,422,126
<POLICY-LOSSES>                                 7,171,295
<UNEARNED-PREMIUMS>                                     0
<POLICY-OTHER>                                     47,188
<POLICY-HOLDER-FUNDS>                                   0
<NOTES-PAYABLE>                                         0
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                          818,235
<OTHER-SE>                                     28,829,318
<TOTAL-LIABILITY-AND-EQUITY>                   39,422,126
<PREMIUMS>                                     21,186,637
<INVESTMENT-INCOME>                             1,196,461
<INVESTMENT-GAINS>                                233,387
<OTHER-INCOME>                                    403,166
<BENEFITS>                                      3,100,832
<UNDERWRITING-AMORTIZATION>                             0
<UNDERWRITING-OTHER>                           15,258,218
<INCOME-PRETAX>                                 4,660,601
<INCOME-TAX>                                    1,325,501
<INCOME-CONTINUING>                             3,335,100
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                         0
<CHANGES>                                               0
<NET-INCOME>                                    3,335,100
<EPS-PRIMARY>                                        1.20 
<EPS-DILUTED>                                        1.20
<RESERVE-OPEN>                                          0
<PROVISION-CURRENT>                                     0
<PROVISION-PRIOR>                                       0
<PAYMENTS-CURRENT>                                      0
<PAYMENTS-PRIOR>                                        0
<RESERVE-CLOSE>                                         0
<CUMULATIVE-DEFICIENCY>                                 0