<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <DEBT-HELD-FOR-SALE> 99,862,214 <DEBT-CARRYING-VALUE> 135,978,678 <DEBT-MARKET-VALUE> 133,699,339 <EQUITIES> 14,708,561 <MORTGAGE> 0 <REAL-ESTATE> 2,440,110 <TOTAL-INVEST> 260,034,855 <CASH> 4,608,750 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 11,092,479 <TOTAL-ASSETS> 400,692,342 <POLICY-LOSSES> 151,895,128 <UNEARNED-PREMIUMS> 97,946,739 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 37,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,740,846 <OTHER-SE> 96,646,640 <TOTAL-LIABILITY-AND-EQUITY> 400,692,342 <PREMIUMS> 35,585,093 <INVESTMENT-INCOME> 3,877,369 <INVESTMENT-GAINS> (281,910) <OTHER-INCOME> 564,982 <BENEFITS> 25,537,992 <UNDERWRITING-AMORTIZATION> 6,071,000 <UNDERWRITING-OTHER> 5,020,612 <INCOME-PRETAX> 1,665,871 <INCOME-TAX> 415,637 <INCOME-CONTINUING> 1,250,234 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,250,234 <EPS-BASIC> .15 <EPS-DILUTED> .15 <RESERVE-OPEN> 97,494 <PROVISION-CURRENT> 28,803 <PROVISION-PRIOR> (3,265) <PAYMENTS-CURRENT> 13,723 <PAYMENTS-PRIOR> 10,688 <RESERVE-CLOSE> 98,621 <CUMULATIVE-DEFICIENCY> (3,265)