<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1995 <PERIOD-END> JUN-30-1995 <DEBT-HELD-FOR-SALE> 34,800,089 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 717,813 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 37,373,131 <CASH> 135,480 <RECOVER-REINSURE> 5,109,258 <DEFERRED-ACQUISITION> 2,306,224 <TOTAL-ASSETS> 58,436,732 <POLICY-LOSSES> 22,991,347 <UNEARNED-PREMIUMS> 16,022,542 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 1,318,920 <COMMON> 16,616 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,375,000 <OTHER-SE> 11,630,517 <TOTAL-LIABILITY-AND-EQUITY> 58,436,732 <PREMIUMS> 15,113,385 <INVESTMENT-INCOME> 1,215,239 <INVESTMENT-GAINS> 46,433 <OTHER-INCOME> 276,573 <BENEFITS> 10,014,029 <UNDERWRITING-AMORTIZATION> 2,697,434 <UNDERWRITING-OTHER> 2,485,817 <INCOME-PRETAX> 1,454,350 <INCOME-TAX> 443,000 <INCOME-CONTINUING> 1,011,350 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,011,350 <EPS-PRIMARY> .50 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0