<ARTICLE> 7
<RESTATED> 
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997<F1>
<PERIOD-END>                               JUN-30-1997
<DEBT-HELD-FOR-SALE>                            95,059
<DEBT-CARRYING-VALUE>                            1,765
<DEBT-MARKET-VALUE>                              1,776
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  97,531
<CASH>                                           1,616
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                           3,500
<TOTAL-ASSETS>                                 112,834
<POLICY-LOSSES>                                 66,852
<UNEARNED-PREMIUMS>                                  0
<POLICY-OTHER>                                     516
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0 
<PREFERRED>                                          0
<COMMON>                                        31,738
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                   112,834
<PREMIUMS>                                       7,830
<INVESTMENT-INCOME>                              2,998
<INVESTMENT-GAINS>                               2,675
<OTHER-INCOME>                                     235
<BENEFITS>                                       2,369
<UNDERWRITING-AMORTIZATION>                      1,110
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                  2,609
<INCOME-TAX>                                       370
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,239
<EPS-PRIMARY>                                     0.15
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                                       0
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0
<FN>
<F1>THIS REVISION IS TO THE FINANCIAL DATA SCHEDULE ONLY. THE FORM 10-QSB FOR JUNE
30, 1997 WAS CORRECT AND DOES NOT NEED TO BE CHANGED.
</FN>