<ARTICLE> 7 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <DEBT-HELD-FOR-SALE> 151,652 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 151,652 <CASH> 1,014 <RECOVER-REINSURE> 7,856 <DEFERRED-ACQUISITION> 8,420 <TOTAL-ASSETS> 285,244 <POLICY-LOSSES> 115,235 <UNEARNED-PREMIUMS> 74,502 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 23,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 41,623 <OTHER-SE> 5,299 <TOTAL-LIABILITY-AND-EQUITY> 46,922 <PREMIUMS> 107,948 <INVESTMENT-INCOME> 6,811 <INVESTMENT-GAINS> 363 <OTHER-INCOME> 9,005 <BENEFITS> 97,297 <UNDERWRITING-AMORTIZATION> 26,116 <UNDERWRITING-OTHER> 6,863 <INCOME-PRETAX> (6,159) <INCOME-TAX> (3,662) <INCOME-CONTINUING> (2,487) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,487) <EPS-PRIMARY> (.45) <EPS-DILUTED> (.45) <RESERVE-OPEN> 92,205 <PROVISION-CURRENT> 92,797 <PROVISION-PRIOR> 4,500 <PAYMENTS-CURRENT> 41,899 <PAYMENTS-PRIOR> 61,572 <RESERVE-CLOSE> 86,031 <CUMULATIVE-DEFICIENCY> 4,500