<ARTICLE> 7 <CIK> 0000352162 <NAME> NORTH EAST INSURANCE COMPANY <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-1-1999 <PERIOD-END> JUN-30-1999 <DEBT-HELD-FOR-SALE> 13,588,094 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 701,722 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 14,289,816 <CASH> 2,051,072 <RECOVER-REINSURE> 3,603,615 <DEFERRED-ACQUISITION> 2,336,151 <TOTAL-ASSETS> 32,690,305 <POLICY-LOSSES> 12,445,890 <UNEARNED-PREMIUMS> 9,124,563 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,049,089 <OTHER-SE> 6,400,474 <TOTAL-LIABILITY-AND-EQUITY> 32,690,305 <PREMIUMS> 6,261,055 <INVESTMENT-INCOME> 400,020 <INVESTMENT-GAINS> (32,180) <OTHER-INCOME> 0 <BENEFITS> 4,631,085 <UNDERWRITING-AMORTIZATION> 2,882,696 <UNDERWRITING-OTHER> 0 <INCOME-PRETAX> (884,886) <INCOME-TAX> (289,920) <INCOME-CONTINUING> (594,966) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (594,966) <EPS-BASIC> (0.20) <EPS-DILUTED> (0.19) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0