<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF McM CORPORATION FOR THE TWELVE MONTHS ENDED
DECEMBER 31, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<DEBT-HELD-FOR-SALE>                            36,873
<DEBT-CARRYING-VALUE>                            5,938
<DEBT-MARKET-VALUE>                              6,022
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  56,872
<CASH>                                           1,776
<RECOVER-REINSURE>                              36,512
<DEFERRED-ACQUISITION>                           3,992
<TOTAL-ASSETS>                                 112,870
<POLICY-LOSSES>                                 35,300
<UNEARNED-PREMIUMS>                             17,925
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                            6,580
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         4,678
<OTHER-SE>                                      16,977
<TOTAL-LIABILITY-AND-EQUITY>                   112,870
<PREMIUMS>                                      51,854
<INVESTMENT-INCOME>                              3,159
<INVESTMENT-GAINS>                                  40
<OTHER-INCOME>                                     645
<BENEFITS>                                      39,210
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                            17,276
<INCOME-PRETAX>                                   (788)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (788)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (788)
<EPS-PRIMARY>                                    (0.17)
<EPS-DILUTED>                                    (0.17)
<RESERVE-OPEN>                                  29,997
<PROVISION-CURRENT>                             37,651
<PROVISION-PRIOR>                               39,210
<PAYMENTS-CURRENT>                              22,853
<PAYMENTS-PRIOR>                                19,822
<RESERVE-CLOSE>                                 26,532
<CUMULATIVE-DEFICIENCY>                          1,559