<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MCM CORPORATION FOR THE TWELVE MONTHS ENDED DECEMBER 31,
1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<DEBT-HELD-FOR-SALE>                            25,284
<DEBT-CARRYING-VALUE>                            3,134
<DEBT-MARKET-VALUE>                              3,235
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  49,940
<CASH>                                           1,698
<RECOVER-REINSURE>                              35,913
<DEFERRED-ACQUISITION>                           2,802
<TOTAL-ASSETS>                                 104,140
<POLICY-LOSSES>                                 57,283
<UNEARNED-PREMIUMS>                             15,676
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                            6,380
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         4,696
<OTHER-SE>                                       8,072
<TOTAL-LIABILITY-AND-EQUITY>                   104,140
<PREMIUMS>                                      55,707
<INVESTMENT-INCOME>                              2,985
<INVESTMENT-GAINS>                                 196
<OTHER-INCOME>                                     649
<BENEFITS>                                      48,017
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                            20,060
<INCOME-PRETAX>                                 (8,540)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             (8,540)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    (8,540)
<EPS-PRIMARY>                                    (1.82)
<EPS-DILUTED>                                    (1.82)
<RESERVE-OPEN>                                  26,532
<PROVISION-CURRENT>                             42,243
<PROVISION-PRIOR>                                5,774
<PAYMENTS-CURRENT>                              26,123
<PAYMENTS-PRIOR>                                19,267
<RESERVE-CLOSE>                                 29,159
<CUMULATIVE-DEFICIENCY>                          5,774