<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> APR-01-2000 <PERIOD-END> JUN-30-2000 <DEBT-HELD-FOR-SALE> 515,385,268 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 515,385,268 <CASH> 85,977,876 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 16,267,320 <TOTAL-ASSETS> 993,825,336 <POLICY-LOSSES> 474,462,796 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 158,033 <OTHER-SE> 218,546,799 <TOTAL-LIABILITY-AND-EQUITY> 993,825,336 <PREMIUMS> 3,586,930 <INVESTMENT-INCOME> 11,331,710 <INVESTMENT-GAINS> (16,968) <OTHER-INCOME> 539,483 <BENEFITS> 7,355,473 <UNDERWRITING-AMORTIZATION> 1,439,131 <UNDERWRITING-OTHER> 1,667,639 <INCOME-PRETAX> 1,950,704 <INCOME-TAX> 429,627 <INCOME-CONTINUING> 2,380,331 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,380,331 <EPS-BASIC> 0.15 <EPS-DILUTED> 0.15 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0