<ARTICLE> 7 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1999 <DEBT-HELD-FOR-SALE> 1,113,881 <DEBT-CARRYING-VALUE> 1,107,136 <DEBT-MARKET-VALUE> 1,113,881 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 1,113,881 <CASH> 1,113,231 <RECOVER-REINSURE> 1,023,532 <DEFERRED-ACQUISITION> 0 <TOTAL-ASSETS> 4,754,630 <POLICY-LOSSES> 1,808,042 <UNEARNED-PREMIUMS> 748,296 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 7,733 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 503,384 <OTHER-SE> 1,246,075 <TOTAL-LIABILITY-AND-EQUITY> 4,754,630 <PREMIUMS> 769,932 <INVESTMENT-INCOME> 49,229 <INVESTMENT-GAINS> 6,387 <OTHER-INCOME> 591,324 <BENEFITS> 660,068 <UNDERWRITING-AMORTIZATION> 61,348 <UNDERWRITING-OTHER> 938,986 <INCOME-PRETAX> (243,530) <INCOME-TAX> (96,524) <INCOME-CONTINUING> (147,006) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (147,006) <EPS-BASIC> (.29) <EPS-DILUTED> (.29) <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0