<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF MCM CORPORATION FOR THE SIX MONTHS ENDED JUNE 30, 1998,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<DEBT-HELD-FOR-SALE>                            32,867
<DEBT-CARRYING-VALUE>                            3,136
<DEBT-MARKET-VALUE>                              3,238
<EQUITIES>                                           0
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  47,974
<CASH>                                           3,023
<RECOVER-REINSURE>                              37,117
<DEFERRED-ACQUISITION>                           2,901
<TOTAL-ASSETS>                                 103,823
<POLICY-LOSSES>                                 56,534
<UNEARNED-PREMIUMS>                             13,653
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                            6,199
<NOTES-PAYABLE>                                      0
<PREFERRED-MANDATORY>                            4,703
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                       8,246
<TOTAL-LIABILITY-AND-EQUITY>                   103,823
<PREMIUMS>                                      25,689
<INVESTMENT-INCOME>                              1,234
<INVESTMENT-GAINS>                                  17
<OTHER-INCOME>                                     240
<BENEFITS>                                      17,143
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                            10,204
<INCOME-PRETAX>                                   (167)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                               (167)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                      (167)
<EPS-PRIMARY>                                    (0.04)
<EPS-DILUTED>                                    (0.04)
<RESERVE-OPEN>                                  29,159
<PROVISION-CURRENT>                             15,490
<PROVISION-PRIOR>                                1,652
<PAYMENTS-CURRENT>                               8,143
<PAYMENTS-PRIOR>                                12,138
<RESERVE-CLOSE>                                 26,020
<CUMULATIVE-DEFICIENCY>                          1,652