<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 10,953,014 <DEBT-CARRYING-VALUE> 3,593,678 <DEBT-MARKET-VALUE> 3,684,346 <EQUITIES> 3,428,919 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 25,054,656 <CASH> 665,816 <RECOVER-REINSURE> 14,747 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 28,375,836 <POLICY-LOSSES> 1,265,648 <UNEARNED-PREMIUMS> 1,504,945 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 6,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 315,567 <OTHER-SE> 14,991,806 <TOTAL-LIABILITY-AND-EQUITY> 28,375,836 <PREMIUMS> 7,894,610 <INVESTMENT-INCOME> 1,001,389 <INVESTMENT-GAINS> 180,708 <OTHER-INCOME> 613,437 <BENEFITS> 4,072,733 <UNDERWRITING-AMORTIZATION> 2,869,392 <UNDERWRITING-OTHER> 323,975 <INCOME-PRETAX> 2,424,044 <INCOME-TAX> 618,772 <INCOME-CONTINUING> 1,805,272 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,805,272 <EPS-PRIMARY> .31 <EPS-DILUTED> 0 <RESERVE-OPEN> 1,713,155 <PROVISION-CURRENT> 3,940,795 <PROVISION-PRIOR> 131,938 <PAYMENTS-CURRENT> 2,822,914 <PAYMENTS-PRIOR> 1,737,301 <RESERVE-CLOSE> 1,225,673 <CUMULATIVE-DEFICIENCY> 0