<ARTICLE> 7 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <DEBT-HELD-FOR-SALE> 0 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 9,817,174 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 9,817,174 <CASH> 519,964 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 10,373,482 <POLICY-LOSSES> 9,250 <UNEARNED-PREMIUMS> 0 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 869,205 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 183,617 <OTHER-SE> 6,362,791 <TOTAL-LIABILITY-AND-EQUITY> 10,373,482 <PREMIUMS> 58,165 <INVESTMENT-INCOME> 11,472 <INVESTMENT-GAINS> 0 <OTHER-INCOME> 0 <BENEFITS> 4,892 <UNDERWRITING-AMORTIZATION> 0 <UNDERWRITING-OTHER> 26,194 <INCOME-PRETAX> (21,970) <INCOME-TAX> (7,470) <INCOME-CONTINUING> (14,500) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (14,500) <EPS-BASIC> (0.08) <EPS-DILUTED> (0.08) <RESERVE-OPEN> 9,875 <PROVISION-CURRENT> 9,250 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 5,517 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 9,250 <CUMULATIVE-DEFICIENCY> 0