<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MOBILE AMERICA CORPORATION'S 1999 10-K REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<DEBT-HELD-FOR-SALE>                        30,961,617
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                   1,606,128
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              41,601,029
<CASH>                                       1,178,791
<RECOVER-REINSURE>                          12,314,049
<DEFERRED-ACQUISITION>                        (598,592)
<TOTAL-ASSETS>                              90,156,404
<POLICY-LOSSES>                             26,024,918
<UNEARNED-PREMIUMS>                         18,376,039
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                        1,550,109
<NOTES-PAYABLE>                              7,200,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       198,610
<OTHER-SE>                                  24,232,695
<TOTAL-LIABILITY-AND-EQUITY>                90,156,404
<PREMIUMS>                                  29,721,119
<INVESTMENT-INCOME>                          3,447,583
<INVESTMENT-GAINS>                              23,414
<OTHER-INCOME>                               4,955,126
<BENEFITS>                                  27,606,722
<UNDERWRITING-AMORTIZATION>                  6,794,514
<UNDERWRITING-OTHER>                        20,108,471
<INCOME-PRETAX>                            (16,362,465)
<INCOME-TAX>                                (6,477,798)
<INCOME-CONTINUING>                         (9,884,667)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (9,884,667)
<EPS-BASIC>                                      (1.35)
<EPS-DILUTED>                                    (1.35)
<RESERVE-OPEN>                              11,400,131
<PROVISION-CURRENT>                         23,620,251
<PROVISION-PRIOR>                            3,945,636
<PAYMENTS-CURRENT>                          14,836,176
<PAYMENTS-PRIOR>                            11,829,963
<RESERVE-CLOSE>                             12,299,879
<CUMULATIVE-DEFICIENCY>                      3,945,636