<ARTICLE> 7
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<DEBT-HELD-FOR-SALE>                        33,197,873
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       7,242
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              33,205,115
<CASH>                                      10,790,490
<RECOVER-REINSURE>                             166,700
<DEFERRED-ACQUISITION>                         165,293
<TOTAL-ASSETS>                              59,491,400
<POLICY-LOSSES>                             28,030,182
<UNEARNED-PREMIUMS>                          7,819,900
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        19,998
<OTHER-SE>                                  21,803,443
<TOTAL-LIABILITY-AND-EQUITY>                59,491,400
<PREMIUMS>                                   4,231,305
<INVESTMENT-INCOME>                          1,936,459
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                       0
<BENEFITS>                                   2,861,880
<UNDERWRITING-AMORTIZATION>                  1,234,083
<UNDERWRITING-OTHER>                         1,639,296
<INCOME-PRETAX>                                432,505
<INCOME-TAX>                                   204,356
<INCOME-CONTINUING>                            228,149
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   228,149
<EPS-PRIMARY>                                      .11
<EPS-DILUTED>                                      .11
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0