<ARTICLE> 7
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<DEBT-HELD-FOR-SALE>                           210,065
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                       1,980
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                 228,535
<CASH>                                          16,490
<RECOVER-REINSURE>                               2,295
<DEFERRED-ACQUISITION>                           5,987
<TOTAL-ASSETS>                                 401,508
<POLICY-LOSSES>                                180,333
<UNEARNED-PREMIUMS>                             14,610
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                     30
<PREFERRED-MANDATORY>                           34,316
<PREFERRED>                                    101,291
<COMMON>                                             0
<OTHER-SE>                                      27,492
<TOTAL-LIABILITY-AND-EQUITY>                   401,508
<PREMIUMS>                                      30,587
<INVESTMENT-INCOME>                              4,253
<INVESTMENT-GAINS>                                 400
<OTHER-INCOME>                                       0
<BENEFITS>                                      18,288
<UNDERWRITING-AMORTIZATION>                      5,123
<UNDERWRITING-OTHER>                             4,868
<INCOME-PRETAX>                                  6,078
<INCOME-TAX>                                     2,311
<INCOME-CONTINUING>                              3,767
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,895
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                     0.24
<RESERVE-OPEN>                                 152,100<F1>
<PROVISION-CURRENT>                             18,280
<PROVISION-PRIOR>                                    7
<PAYMENTS-CURRENT>                               1,165
<PAYMENTS-PRIOR>                                42,194
<RESERVE-CLOSE>                                127,028
<CUMULATIVE-DEFICIENCY>                              7
<FN>
<F1>RESERVES FOR UNPAID CLAIMS, PROVISION FOR INSURED EVENTS, AND PAYMENTS OF
CLAIMS ARE STATED NET OF REINSURANCE.
</FN>