<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>  1,000

<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996             DEC-31-1995
<PERIOD-END>                               DEC-31-1997             DEC-31-1996             DEC-31-1995
<DEBT-HELD-FOR-SALE>                           119,476                  73,025                  58,238
<DEBT-CARRYING-VALUE>                                0                  27,677                  35,446
<DEBT-MARKET-VALUE>                                  0                  27,895                  36,260
<EQUITIES>                                       1,622                   9,743                  11,831
<MORTGAGE>                                           0                   2,500                   2,984
<REAL-ESTATE>                                        0                       0                       0
<TOTAL-INVEST>                                 121,098                 114,237                 113,687
<CASH>                                           8,499                   9,868                   6,612
<RECOVER-REINSURE>                              16,254                  12,900                   8,230
<DEFERRED-ACQUISITION>                           2,544                   2,866                   2,971
<TOTAL-ASSETS>                                 162,661                 151,790                 140,627
<POLICY-LOSSES>                                 99,087                  90,965                  81,633
<UNEARNED-PREMIUMS>                             13,413                  13,243                  12,969
<POLICY-OTHER>                                       0                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0                       0
<NOTES-PAYABLE>                                  4,800                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                           320                     356                     356
<OTHER-SE>                                      34,820                  40,081                  39,711
<TOTAL-LIABILITY-AND-EQUITY>                   162,661                 151,790                 140,627
<PREMIUMS>                                      59,814                  60,550                  56,909
<INVESTMENT-INCOME>                              7,025                   7,032                   6,465
<INVESTMENT-GAINS>                               1,613                     915                     222
<OTHER-INCOME>                                     331                     219                     150
<BENEFITS>                                      53,149                  48,845                  45,305
<UNDERWRITING-AMORTIZATION>                      9,104                   8,993                   8,119
<UNDERWRITING-OTHER>                             3,968                   3,867                   3,066
<INCOME-PRETAX>                                  2,562                   7,011                   7,256
<INCOME-TAX>                                       493                   1,986                   2,287
<INCOME-CONTINUING>                              2,069                   5,025                   4,969
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                     2,069                   5,025                   4,969
<EPS-PRIMARY>                                     0.06                    0.14                    0.14
<EPS-DILUTED>                                     0.06                    0.14                    0.14
<RESERVE-OPEN>                                  90,965                  81,633                  73,209
<PROVISION-CURRENT>                             53,613                  47,878                  48,382
<PROVISION-PRIOR>                                (464)                     967                 (3,077)
<PAYMENTS-CURRENT>                              19,624                  18,044                  14,709
<PAYMENTS-PRIOR>                                29,002                  25,933                  22,507
<RESERVE-CLOSE>                                 99,087                  90,965                  81,633
<CUMULATIVE-DEFICIENCY>                            467                 (4,016)                     579


</TABLE>