<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
The financial data schedule has been restated for the
reverse acquisition for the periods prior to July 29, 1997.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1000

<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1996             DEC-31-1996
<PERIOD-START>                             JAN-01-1996             JAN-01-1996             JAN-01-1996
<PERIOD-END>                               MAR-31-1996             JUN-30-1996             SEP-30-1996
<DEBT-HELD-FOR-SALE>                            62,363                  69,158                  69,995
<DEBT-CARRYING-VALUE>                           33,979                  31,683                  30,358
<DEBT-MARKET-VALUE>                             34,200                  31,717                  30,426
<EQUITIES>                                       9,990                  10,392                  10,077
<MORTGAGE>                                       2,974                   2,963                   2,952
<REAL-ESTATE>                                        0                       0                       0
<TOTAL-INVEST>                                 109,724                 114,422                 113,514
<CASH>                                           8,253                   5,877                   8,271
<RECOVER-REINSURE>                               8,359                   8,117                  11,316
<DEFERRED-ACQUISITION>                           3,955                   3,921                   3,444
<TOTAL-ASSETS>                                 159,287                 155,621                 152,315
<POLICY-LOSSES>                                 78,975                  80,261                  84,128
<UNEARNED-PREMIUMS>                             33,727                  28,514                  21,444
<POLICY-OTHER>                                       0                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0                       0
<NOTES-PAYABLE>                                      0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                           356                     356                     356
<OTHER-SE>                                      37,325                  38,134                  39,427
<TOTAL-LIABILITY-AND-EQUITY>                   159,287                 155,621                 152,315
<PREMIUMS>                                      15,231                  30,758                  45,773
<INVESTMENT-INCOME>                              1,683                   3,440                   5,293
<INVESTMENT-GAINS>                                 679                     665                     932
<OTHER-INCOME>                                      63                     126                     200
<BENEFITS>                                      12,543                  24,890                  37,115
<UNDERWRITING-AMORTIZATION>                      2,861                   5,031                   7,084
<UNDERWRITING-OTHER>                               (3)                     905                   2,227
<INCOME-PRETAX>                                  2,255                   4,162                   5,772
<INCOME-TAX>                                       734                   1,393                   1,599
<INCOME-CONTINUING>                              1,521                   2,769                   4,173
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                     1,521                   2,769                   4,173
<EPS-PRIMARY>                                     0.04                    0.08                    0.12
<EPS-DILUTED>                                     0.04                    0.08                    0.12
<RESERVE-OPEN>                                       0                       0                       0
<PROVISION-CURRENT>                                  0<F1>                       0<F1>                       0<F1>
<PROVISION-PRIOR>                                    0<F1>                       0<F1>                       0<F1>
<PAYMENTS-CURRENT>                                   0<F1>                       0<F1>                       0<F1>
<PAYMENTS-PRIOR>                                     0<F1>                       0<F1>                       0<F1>
<RESERVE-CLOSE>                                      0<F1>                       0<F1>                       0<F1>
<CUMULATIVE-DEFICIENCY>                              0                       0                       0
<FN>
<F1>Available on an annual basis only.
</FN>


</TABLE>