<ARTICLE> 7 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <DEBT-HELD-FOR-SALE> 132,945 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 232,062 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 475,900 <CASH> 4,090 <RECOVER-REINSURE> 0 <DEFERRED-ACQUISITION> 15,500 <TOTAL-ASSETS> 557,188 <POLICY-LOSSES> 52,733 <UNEARNED-PREMIUMS> 71,301 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 0 <NOTES-PAYABLE> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 396,200 <TOTAL-LIABILITY-AND-EQUITY> 557,188 <PREMIUMS> 65,628 <INVESTMENT-INCOME> 10,774 <INVESTMENT-GAINS> 3,617 <OTHER-INCOME> 0 <BENEFITS> 45,992 <UNDERWRITING-AMORTIZATION> 17,740 <UNDERWRITING-OTHER> 10,842 <INCOME-PRETAX> 5,445 <INCOME-TAX> 1,175 <INCOME-CONTINUING> 4,270 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (473) <NET-INCOME> 3,797 <EPS-PRIMARY> .22 <EPS-DILUTED> .22 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 13,860 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 52,733 <CUMULATIVE-DEFICIENCY> 0