<ARTICLE> 7
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<DEBT-HELD-FOR-SALE>                        12,962,626
<DEBT-CARRYING-VALUE>                        3,940,194
<DEBT-MARKET-VALUE>                          4,054,026
<EQUITIES>                                   3,225,061
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                              26,929,625
<CASH>                                       1,146,317
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                               0
<TOTAL-ASSETS>                              31,404,432
<POLICY-LOSSES>                              1,531,714
<UNEARNED-PREMIUMS>                            698,764
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                              5,000,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       315,567
<OTHER-SE>                                  18,764,234
<TOTAL-LIABILITY-AND-EQUITY>                31,404,432
<PREMIUMS>                                  11,169,243
<INVESTMENT-INCOME>                          1,344,815
<INVESTMENT-GAINS>                             182,734
<OTHER-INCOME>                               3,133,609
<BENEFITS>                                   6,070,954
<UNDERWRITING-AMORTIZATION>                  5,727,802
<UNDERWRITING-OTHER>                           362,997
<INCOME-PRETAX>                              3,668,648
<INCOME-TAX>                                   967,354
<INCOME-CONTINUING>                          2,701,294
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,701,294
<EPS-PRIMARY>                                      .46
<EPS-DILUTED>                                      .46
<RESERVE-OPEN>                               1,345,000
<PROVISION-CURRENT>                          6,074,000
<PROVISION-PRIOR>                              (3,000)
<PAYMENTS-CURRENT>                           4,479,000
<PAYMENTS-PRIOR>                             1,413,000
<RESERVE-CLOSE>                              1,524,000
<CUMULATIVE-DEFICIENCY>                              0