<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 63,681,171 <DEBT-CARRYING-VALUE> 113,012,794 <DEBT-MARKET-VALUE> 116,588,112 <EQUITIES> 13,663,713 <MORTGAGE> 0 <REAL-ESTATE> 2,496,510 <TOTAL-INVEST> 205,054,106 <CASH> 1,826,116 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 9,109,754 <TOTAL-ASSETS> 308,968,607 <POLICY-LOSSES> 122,566,123 <UNEARNED-PREMIUMS> 74,728,962 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 5,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8,245,868 <OTHER-SE> 97,894,695 <TOTAL-LIABILITY-AND-EQUITY> 308,968,607 <PREMIUMS> 54,782,801 <INVESTMENT-INCOME> 5,613,406 <INVESTMENT-GAINS> 347,235 <OTHER-INCOME> 1,175,728 <BENEFITS> 35,027,043 <UNDERWRITING-AMORTIZATION> 9,725,000 <UNDERWRITING-OTHER> 8,147,317 <INCOME-PRETAX> 6,993,019 <INCOME-TAX> 1,782,934 <INCOME-CONTINUING> 5,210,085 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,210,085 <EPS-PRIMARY> .63 <EPS-DILUTED> .62 <RESERVE-OPEN> 77,474 <PROVISION-CURRENT> 36,830 <PROVISION-PRIOR> (1,803) <PAYMENTS-CURRENT> 22,014 <PAYMENTS-PRIOR> 11,350 <RESERVE-CLOSE> 79,137 <CUMULATIVE-DEFICIENCY> (1,803)