<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF McM CORPORATION FOR THE NINE MONTHS ENDED
SEPTEMBER 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               SEP-30-1996
<DEBT-HELD-FOR-SALE>                            27,719
<DEBT-CARRYING-VALUE>                           13,980
<DEBT-MARKET-VALUE>                             13,908
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  59,771
<CASH>                                           1,148
<RECOVER-REINSURE>                              40,276
<DEFERRED-ACQUISITION>                           4,063
<TOTAL-ASSETS>                                 119,675
<POLICY-LOSSES>                                 57,492
<UNEARNED-PREMIUMS>                             18,266
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                            6,774
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         4,675
<OTHER-SE>                                      19,367
<TOTAL-LIABILITY-AND-EQUITY>                   119,675
<PREMIUMS>                                      38,503
<INVESTMENT-INCOME>                              2,371
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                     248
<BENEFITS>                                      25,364
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                            14,066
<INCOME-PRETAX>                                  1,692
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              1,692
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,692
<EPS-PRIMARY>                                     0.36
<EPS-DILUTED>                                     0.36
<RESERVE-OPEN>                                  29,997
<PROVISION-CURRENT>                             24,642
<PROVISION-PRIOR>                                  722
<PAYMENTS-CURRENT>                              14,825
<PAYMENTS-PRIOR>                                16,556
<RESERVE-CLOSE>                                 23,982
<CUMULATIVE-DEFICIENCY>                            722