<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-START> JAN-01-1995 <PERIOD-END> SEP-30-1995 <DEBT-HELD-FOR-SALE> 35,901,071 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 727,984 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 37,907,804 <CASH> 107,783 <RECOVER-REINSURE> 4,875,743 <DEFERRED-ACQUISITION> 2,448,253 <TOTAL-ASSETS> 59,036,767 <POLICY-LOSSES> 22,870,378 <UNEARNED-PREMIUMS> 16,566,882 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 1,218,920 <COMMON> 16,616 <PREFERRED-MANDATORY> 0 <PREFERRED> 4,375,000 <OTHER-SE> 11,815,086 <TOTAL-LIABILITY-AND-EQUITY> 59,036,767 <PREMIUMS> 22,722,704 <INVESTMENT-INCOME> 1,832,262 <INVESTMENT-GAINS> 33,999 <OTHER-INCOME> 422,804 <BENEFITS> 15,852,214 <UNDERWRITING-AMORTIZATION> 4,085,359 <UNDERWRITING-OTHER> 3,538,189 <INCOME-PRETAX> 1,536,007 <INCOME-TAX> 413,000 <INCOME-CONTINUING> 1,123,007 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,123,007 <EPS-PRIMARY> .51 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0