<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 15,317,281 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 221,323 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 15,538,604 <CASH> 2,671,562 <RECOVER-REINSURE> 3,373,983 <DEFERRED-ACQUISITION> 1,164,044 <TOTAL-ASSETS> 32,674,810 <POLICY-LOSSES> 13,565,719 <UNEARNED-PREMIUMS> 7,652,118 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,049,089 <OTHER-SE> 6,682,110 <TOTAL-LIABILITY-AND-EQUITY> 32,674,810 <PREMIUMS> 5,336,633 <INVESTMENT-INCOME> 448,417 <INVESTMENT-GAINS> 33,316 <OTHER-INCOME> 0 <BENEFITS> 4,052,800 <UNDERWRITING-AMORTIZATION> 2,189,355 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> (423,789) <INCOME-TAX> (155,416) <INCOME-CONTINUING> (268,373) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (268,373) <EPS-PRIMARY> (0.09) <EPS-DILUTED> (0.09) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0