<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 133,455 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 5,312 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 138,767 <CASH> 20,692 <RECOVER-REINSURE> 8,631 <DEFERRED-ACQUISITION> 5,057 <TOTAL-ASSETS> 295,635 <POLICY-LOSSES> 95,998 <UNEARNED-PREMIUMS> 50,564 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 14,350 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 87 <OTHER-SE> 111,804 <TOTAL-LIABILITY-AND-EQUITY> 295,635 <PREMIUMS> 48,904 <INVESTMENT-INCOME> 5,955 <INVESTMENT-GAINS> 79 <OTHER-INCOME> 18,218 <BENEFITS> 27,532 <UNDERWRITING-AMORTIZATION> 4,276 <UNDERWRITING-OTHER> 28,782 <INCOME-PRETAX> 12,567 <INCOME-TAX> 2,921 <INCOME-CONTINUING> 9,646 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,646 <EPS-PRIMARY> 1.05 <EPS-DILUTED> 1.05 <RESERVE-OPEN> 65,775<F1> <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 63,486<F1> <CUMULATIVE-DEFICIENCY> 0 <FN> <F1>Before reinsurance recoverable. </FN>