<ARTICLE> 7
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<DEBT-HELD-FOR-SALE>                         9,757,262
<DEBT-CARRYING-VALUE>                        3,658,918
<DEBT-MARKET-VALUE>                          3,759,580
<EQUITIES>                                   4,132,078
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              23,260,255
<CASH>                                       1,197,596
<RECOVER-REINSURE>                             358,305
<DEFERRED-ACQUISITION>                         347,597
<TOTAL-ASSETS>                              27,898,652
<POLICY-LOSSES>                              1,884,788
<UNEARNED-PREMIUMS>                          3,254,765
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                              5,716,132
<COMMON>                                       315,567
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  13,863,552
<TOTAL-LIABILITY-AND-EQUITY>                27,898,652
<PREMIUMS>                                   2,895,349
<INVESTMENT-INCOME>                            339,427
<INVESTMENT-GAINS>                               3,189
<OTHER-INCOME>                                 249,862
<BENEFITS>                                   1,556,871
<UNDERWRITING-AMORTIZATION>                  1,108,971
<UNDERWRITING-OTHER>                           108,637
<INCOME-PRETAX>                                713,348
<INCOME-TAX>                                   171,926
<INCOME-CONTINUING>                            541,422
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   541,422
<EPS-PRIMARY>                                      .09
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                               1,713,155
<PROVISION-CURRENT>                          1,003,492
<PROVISION-PRIOR>                              553,379
<PAYMENTS-CURRENT>                             451,657
<PAYMENTS-PRIOR>                               650,000
<RESERVE-CLOSE>                              2,168,369
<CUMULATIVE-DEFICIENCY>                              0