FORM 10-Q
                           SECURITIES AND EXCHANGE COMMISSION
                                 WASHINGTON, D.C.   20549 



[ X ]	           QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
              				      SECURITIES EXCHANGE ACT OF 1934 

           				  For the Quarterly Period Ended June 30, 1998 

                            							OR

[    ]   		    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
				                   SECURITIES EXCHANGE ACT OF 1934

                 					  Commission File Number 1-7411

  			              ALLCITY INSURANCE COMPANY	
                   (Exact name of Registrant as specified in its charter) 

      New York			                          13-2530665
(State or other jurisdiction of			    (I.R.S. Employer
Incorporation or organization)			   Identification No.) 

122 Fifth Avenue, New York, New York 	                 10011
(Address of principal executive offices)       			  (Zip Code) 

Registrant's telephone number, including area code:   (212) 387-3000 

Indicate by check mark whether the Registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
Registrant was required to file such reports), and (2) has been subject to Yes  
[X]	No  [  ] 

On August 10, 1998, there were 7,078,625 shares of Common Stock outstanding.
<PAGE>








ALLCITY INSURANCE COMPANY

INDEX


PART I	Financial Information                                          PAGE

Item 1.	Interim Consolidated Financial Statements (Unaudited) 

	 Consolidated Balance Sheets - June 30, 1998 and December 31, 1997 . . 1 

	 Consolidated Statements of Operations - Six months ended 
  June 30, 1998 and June 30, 1997 and three months ended 
  June 30, 1998 and June 30, 1997 . . . . . . . . . . . . . . . . . . 2-3 

  Consolidated Statements of Cash Flows  - Six months ended 
  June 30, 1998 and June 30, 1997 . . . . . . . . . . . . . . . . . . . 4 

  Consolidated Statements of Changes in Shareholders' Equity  - Six
  months ended June 30, 1998 and June 30, 1997 . . . . . . . . . . . .  5 

  Notes to Interim Consolidated Financial Statements . . . . . . . .  6-7

Item 2.  Management's Discussion and Analysis of Financial Condition and
         Interim Results of Operations . . . . . . . . . . .  . . .  8-10 

PART II	Other Information 

Item 5.	Other Information  . . . . . . . . . . . . . . . . . . . .	. . 11

Item 6.	Exhibits and Reports on Form 8-K .  . . . . . . . . . . . . .  11

Signatures Page  . . . . . . . . . . . . . . . . . . . . . . . . .	. . 12


                                       - i -
<PAGE>


<TABLE>
CONSOLIDATED BALANCE SHEETS (Unaudited)

ALLCITY INSURANCE COMPANY 
(In thousands, except share and par value amounts) 
<CAPTION>                                             June 30,   December 31, 
                                                        1998        1997	
                                                    (Unaudited)
<S>                                                  <C>             <C>

Assets                                               
 Investments: 
      Available for sale at fair value (amortized
      cost of $218,249 in 1998 and $268,091 in 1997)  $220,194        $269,055 
      Held to maturity at amortized cost (fair
      value of  $505 in 1998 and $497 in 1997)             485             485
      Short-term (at cost)                               9,071           1,749 
      Equity securities available for sale                 447             447 
      Other invested assets                             30,553               - 
                        TOTAL INVESTMENTS              260,750         271,736 

      Cash                                               8,016           2,863
      Agents' balances, less allowance for doubtful 
      accounts($1,506 in 1998 and $1,561 in 1997)       15,080          13,109 
      Accrued investment income                          2,959           2,942
      Reinsurance balances receivable                  280,885         273,280 
      Prepaid reinsurance premiums                      49,323          55,074 
      Deferred policy acquisition costs                  6,944           7,079 
      Deferred income taxes                             11,141          11,462 
      Other assets                                       3,508           2,704
                        TOTAL ASSETS                  $638,606        $640,249 

LIABILITIES
      Unpaid losses                                  $ 368,916        $361,341
      Unpaid loss adjustments expenses                  52,694          56,185 
      Unearned premiums                                 84,877          90,807 
      Drafts payable                                     4,100           4,983 
      Due to affiliates                                 19,311          14,427 
      Unearned service fee income                        3,986           4,539
      Reserve for service carrier claim expenses         2,790           3,701
      Reinsurance balances payable                       2,843           4,825 
      Other liabilities                                  6,021           6,567
      Surplus note                                      15,007          14,710 
                        TOTAL LIABILITIES              560,545         562,085

SHAREHOLDERS' EQUITY
      Common stock, par value $1.00;  7,368,420
      Shares authorized;  7,078,625 shares issued and
      outstanding in 1998 and 1997                       7,079           7,079
      Additional paid-in capital                         9,331           9,331
      Accumulated other comprehensive income net of 
      Deferred taxes of  $837 and $494 in 1998 and 
      1997, Respectively                                 1,555             917
      Retained earnings                                 60,096          60,837  
                        TOTAL SHAREHOLDERS' EQUITY      78,061          78,164
        TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY    $638,606        $640,249 
<FN>
See Notes to Interim Consolidated Financial Statements. 
</TABLE>                                                
                                            - 1 -
<PAGE>

<TABLE>
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) 

ALLCITY INSURANCE COMPANY 
(In thousands, except share and per share amounts)
<CAPTION>
                                                           Six Months Ended
                                                               June  30,
                                                         1998            1997  
<S>                                                   <C>             <C>                                   

REVENUES
Net earned premiums                                    $36,158         $43,042
Net investment income                                    7,687           7,726 
Service fee income                                       1,721           3,777
Net securities gains and (losses)                          324            (136)
Other income                                               307             259
                                                        46,197          54,668


LOSSES AND EXPENSES
Losses                                                  32,327          35,276
Loss adjustment expenses                                 3,881           5,205
Other underwriting expenses less deferrals of
$6,857 in 1998 and $7,836 in 1997                        3,839           5,230
Amortization of deferred policy acquisition costs        6,992           7,592
Interest on surplus note                                   298             298
                                                        47,337          53,601
	
(LOSS)/INCOME BEFORE FEDERAL INCOME TAXES               (1,140)          1,067 

FEDERAL INCOME TAXES  									
Current tax (benefit)/tax expense                         (377)            395 
Deferred (benefit)                                         (22)            (22)
                                                          (399)            373 

                                 NET (LOSS)/INCOME  $     (741)       $    694
	  



Per share data, based on 7,078,625 average 
shares outstanding in 1998 and 1997: 

BASIC (LOSS)/EARNINGS PER SHARE                     $    (0.10)       $   0.10
	





<FN>
See Notes to Interim Consolidated Financial Statements. 
</TABLE>                                               
                                              - 2 -

<PAGE>


<TABLE>
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) 

ALLCITY INSURANCE COMPANY 
(In thousands, except share and per share amounts)
<CAPTION>

                                                          Three Months Ended
                                                               June  30,
                                                         1998            1997    
<S>                                                   <C>             <C> 
	
REVENUES
Net earned premiums                                    $17,314         $20,820
Net investment income                                    3,825           3,863
Service fee income                                         660           1,882
Net securities gains and (losses)                           82            (153)
Other income                                               148             148
                                                        22,029          26,560

LOSSES AND EXPENSES
Losses                                                  16,642          18,152 
Loss adjustment expenses                                 1,464           2,380 
Other underwriting expenses less deferrals of 
$2,868 in 1998 and $3,524 in 1997                        1,738           2,473
Amortization of deferred policy acquisition costs        3,312           3,656
Interest on surplus note                                   182             149
                                                        23,338          26,810
	
LOSS BEFORE FEDERAL INCOME TAXES                        (1,309)           (250)

FEDERAL INCOME TAXES  	
Current tax (benefits)                                    (275)            (40) 
Deferred (benefit)                                        (183)            (48)
                                                          (458)            (88)
 
                                           NET LOSS    $  (851)        $  (162)




Per share data, based on 7,078,625 average 
shares outstanding in 1998 and 1997: 

                             BASIC (LOSS) PER SHARE   $  (0.12)        $ (0.02)


<FN>
See Notes to Interim Consolidated Financial Statements. 
</TABLE>


                                          - 3 -

<PAGE>


<TABLE>
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) 

ALLCITY INSURANCE COMPANY 
(In thousands)
<CAPTION>
										                 
                                                           Six Months Ended
                                                               June 30,
                                                        1998            1997 
<S>                                               <C>             <C>

NET CASH FLOWS FROM OPERATING ACTIVITIES 

Net income                                         $    (741)      $     694
Adjustments to reconcile net income to net 
   cash used for operations:
   Provision for deferred tax benefits                   (22)            (22)
   Amortization deferred policy acquisition costs      6,992           7,592 
   Provision for doubtful accounts                       (55)            135 
   Net securities (gains)/losses                        (324)            136  
   Policy acquisition costs incurred and deferred     (6,857)         (7,836) 
   Net change in:
   Agents' balances                                   (1,916)         (1,592)
   Reinsurance balances receivable                    (7,605)         (1,558) 
   Prepaid reinsurance premiums                        5,751           4,326 
   Unpaid losses and loss adjustment expenses          4,084          (1,050)
   Unearned premiums                                  (5,930)         (2,996)
   Drafts payable                                       (883)           (846)
   Due to affiliates                                   4,884           4,479
   Unearned services fees                               (553)            519 
   Reserve for servicing carrier claim expense          (911)         (1,298) 
   Reinsurance balances payable                       (1,982)         (1,789) 
   Other                                                (836)            170 
          NET CASH USED FOR OPERATING ACTIVITIE       (6,904)           (936) 
	

NET CASH FLOWS FROM INVESTING ACTIVITIES
  Available for sale: 
    Acquisition of fixed maturities                  (85,674)        (68,354)
    Acquisition of other invested assets             (30,553)            -  
    Proceeds from sales of fixed maturities          125,771          52,118     
    Proceeds from maturities of fixed maturities       9,835           1,732 
 Net change in short-term investments                 (7,322)         14,519 
	
        NET CASH PROVIDED BY INVESTING ACTIVITIES     12,057              15

                  NET INCREASE (DECREASE) IN CASH      5,153            (921)

                      Cash at beginning of period      2,863           2,232

                        Cash at the end of period  $   8,016       $   1,311  

<FN>
See Notes to Interim Consolidated Financial Statements. 
</TABLE>
                                        - 4 -
<PAGE>




<TABLE>
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited)

ALLCITY INSURANCE COMPANY 
(In thousands, except share and par value amounts)
<CAPTION>
										 
                          Common             Accumulated 
                          Shares Additional     Other
                          $1 Par   Paid-in  Comprehensive  Retained 
                           Value   Capital  Income/(Loss)  Earnings      Total 
<S>                      <C>       <C>       <C>           <C>        <C>
	
Balance, January 1,1997   $7,079    $9,331    $(1,672)      $60,920    $75,658 

Comprehensive income: 
 Net income                                                     694        694
 Other Comprehensive 
 income: 
 Net change in unrealized                         181                      181
(loss)on investments(net
 of deferred tax of $96) 
 Less:  reclassification
 of net Securities 
 losses included in net
 income(net of tax 
 benefit of $48)                                   88                       88

Balance, June 30, 1997    $7,079    $9,331    $(1,403)      $61,614    $76,621

Balance, January 1, 1998  $7,079    $9,331    $   917	      $60,837    $78,164

Comprehensive income:
 Net income                                                    (741)      (741)
  Other Comprehensive 
  income: 
  Net change in unrealized                        849                      849 
  gain on investments                                                   
 (net of deferred tax of
  $457) 
  Less:reclassification 
  of net Securities gains 
  included in net income 
  (net of tax of $113)                           (211)                    (211)

Balance, June 30, 1998   $ 7,079    $9,331    $ 1,555	      $60,096    $78,061 




<FN>
See Notes to Interim Consolidated Financial Statements. 
</TABLE>

                                              -5-

<PAGE>






                  ALLCITY INSURANCE COMPANY AND SUBSIDIARY
             NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS



1.	The unaudited interim consolidated financial statements, which reflect 
all adjustments (consisting only of normal recurring items) that management 
believes necessary to fairly present interim results of operations, should be 
read in conjunction with the Notes to Consolidated Financial Statements 
(including the Summary of Significant Accounting Policies) included in the 
Company's audited consolidated financial statements for the year ended December 
31, 1997, which are included in the Company's Annual Report filed on Form 10-K 
for such year (the "1997 10-K").  Results of operations for interim periods are 
not necessarily indicative of annual results of operations.  The consolidated 
balance sheet at December 31, 1997 was extracted from the audited annual 
financial statements and does not include all disclosures required by generally 
accepted accounting principles for annual financial statements. 

2.	Certain amounts for prior periods have been reclassified to conform with 
the 1998 presentation.

3.	As of January 1, 1998, the Company adopted Statement of Financial 
Accounting Standards No. 130, "Comprehensive Income" ("SFAS No. 130"), which 
establishes standards for the reporting and disclosure of comprehensive income 
and its components (revenue, expenses, gains and losses).  SFAS No. 130 
requires that all items required to be recognized under accounting standards as 
components of comprehensive income be reported in a financial statement that is 
displayed with the same prominence as other financial statements.  
Comprehensive income excludes net investment gains.  The new standard requires 
additional disclosures in the consolidated financial statements and does not 
affect the Company's financial position or results of operations.

	As of January 1, 1998, the Company adopted Statement of Financial 
Accounting Standards No. 131, "Disclosures About Segments of an Enterprise and 
Related Information" ("SFAS No. 131"), which establishes standards for the way 
that public business enterprises report information about operating segments in 
annual financial statements and interim financial reports issued to 
shareholders.  SFAS No. 131 also establishes standards for related disclosures 
about products and services, geographic areas and major customers.  In 
connection with the adoption of SFAS No. 131, the Company has identified three 
reportable segments based on products and services: 1) automobile lines; 2) 
commercial lines; and 3) miscellaneous and personal lines.  The financial 
position and operating results of the Company are not expected to be materially 
affected by this statement.


                                								-6-
<PAGE>


	In January, 1998, the Accounting Standards Executive Committee of the 
American Institute of Certified Public Accountants issued Statement of Position 
97-3, "Accounting by Insurance and Other Enterprises for Insurance-Related 
Assessments" ("SOP 97-3"), which is effective for fiscal years beginning after 
December 31, 1998, and provides guidance for determining when an insurance 
company should recognize a liability for guaranty-fund and other insurance 
related assessments and how to measure that liability.  The Company is 
currently evaluating the impact to its financial statements for the adoption of 
SOP 97-3. 

	Statement of Financial Accounting Standards No. 132, "Employers' 
Disclosures about Pensions and Other Postretirement Benefits" ("SFAS No. 132") 
was issued in February, 1998 and revises current disclosure requirements for 
employers' pensions and other retiree benefits.  SFAS No. 132 will have no 
effect on the financial position or results of operations of the Company.  SFAS 
No. 132 is effective for financial statements as of and for the period ended 
December 31, 1998. 

	Statement of Financial Accounting Standards No. 133, "Accounting for 
Derivative Instruments and Hedging Activities" ("SFAS No. 133") was issued in 
June, 1998 and requires that all derivative financial instruments be recognized 
as either assets or liabilities in the statement of financial position.   SFAS 
No. 133 will be effective for fiscal years beginning after June 15, 1999, with 
initial application as of the beginning of the first quarter of the fiscal 
year.    The Company is currently evaluating the impact to its financial 
statements. 



                                         - 7 -

<PAGE>




Item 2:
Management's Discussion and Analysis of  Financial Condition and Interim 
Results of Operations

	The following should be read in conjunction with "Management's Discussion 
and Analysis of Financial Condition and Results of Operations" included in the 
Company's 1997 10-K.

LIQUIDITY AND CAPITAL RESOURCES

	For the six month periods ended June 30, 1998 and 1997,   the Company 
experienced negative cash flow from operating activities principally due to 
decreased premium writings from tighter underwriting standards, re-underwriting 
and competition,  a decline in the number of contracts under which the Company 
acquires assigned risk business from other insurance companies combined with a 
depopulation of the related assigned risk pools, and increased loss adjustment 
expense payments as a result of a program to reduce pending claims.  Cash 
required to fund operations was principally provided from the maturity of 
investments available for sale and short-term investments.    

	The Company maintains cash, short-term and readily marketable securities 
in an amount sufficient to satisfy its anticipated cash needs.  The Company 
does not presently anticipate paying dividends in the near future and believes 
it has sufficient capital to meet its currently anticipated level of 
operations. 

	At June 30, 1998 and 1997, the yield on the Company's fixed maturities 
portfolio was  5.89% and 5.88%, respectively,  with an average maturity of  3.4 
years and  3.3 years, respectively.    At June 30, 1998 and 1997,  92% and 99%, 
respectively, of the Company's investment portfolio was invested in U.S. 
Government and its agencies and other investment grade corporate and industrial 
investment issues. 

RESULTS OF OPERATIONS - Six and three month periods ended June 30, 1998 
compared to the six and three month periods ended June  30, 1997. 

	Net earned premium revenues were $36.2 million and $43.0 million for the 
six month periods ended June 30, 1998 and 1997, respectively, and $17.3 million 
and $20.8 million for the three month periods ended June 30, 1998 and 1997, 
respectively.   The decreases of $6.8 million (16%) and $3.5 million (17%) in 
net earned premiums for the six and three month periods ended June 30, 1998, 
respectively,  compared to similar periods ended June 30, 1997, principally 
relate to  the Company's automobile lines which were adversely affected by 
competition in the assigned risk market resulting in a decline in the number of 
contracts under which the Company acquires such assigned risk


                                    
                                      - 8 -

<PAGE>

business from other insurance companies combined with a depopulation of the 
related assigned risk pools, and a reduction in voluntary automobile lines due 
to tighter underwriting standards, re-underwriting and increased competition.   
Additionally, the Company's commercial lines, principally workers' 
compensation and commercial package, were also affected by tighter underwriting 
standards,  re-underwriting and increased competition. Additionally,  earned 
premium revenues were reduced for the three month period ended June 30, 1998 by 
$0.3 million to record premiums due under retrospectively rated  reinsurance 
contracts written for 1995 and prior accident years.    The Company re-
estimated the premium due based upon its current estimate of loss ratios for 
1995 and prior accident years.

	The net income of the Company decreased $1.4 million for the six months 
ended June 30, 1998 compared to the six month period ended June 30, 1997.  The 
decline is principally due to the 1998 period reflecting higher levels of 
reserve strengthening for prior accident years ($1.7 million) and recording 
current accident year losses at higher ratios ($0.6 million).  Also affecting 
the current period net income was lower service fee income due to a decrease in 
the number of assigned risk contracts acquired by the Company, pool 
depopulation, and lower New York Public Automobile Pool ("NYPAP") net service 
fee income due to lower volume and the Company's cessation as a servicing 
carrier for the NYPAP.  These items were partially offset by lower underwriting 
expenses which were driven by lower premium volume and lower taxes due to the 
decline in taxable income.

	The net loss for the three month period ended June 30, 1998 was $0.7 
million higher than the comparable period in 1997 principally due to higher 
levels of reserve strengthening for prior accident years ($0.8 million), 
recording current accident year losses at higher ratios ($0.3 million), and 
lower service fee income due to a decrease in the number of assigned risk 
contracts acquired by the Company, pool depopulation, and lower NYPAP net 
service fee income due to lower volume and the Company's cessation as a 
servicing carrier for the NYPAP.  These items were partially offset by lower 
underwriting expenses which was driven by lower premium volume and lower taxes 
due to the decline in taxable income.

	Net investment income was comparable in each of the six and three month 
periods ended June 30, 1998 and 1997.   Although average invested asset 
balances in 1998 were slightly lower than the prior year,  net investment 
income  remained unchanged as a slightly greater portion of the Company's 
assets were invested in higher yielding asset classes thereby mitigating the 
impact of lower balances.  The Company continues to maintain a high 
quality investment portfolio comprised primarily of publicly traded fixed 
income securities with a relatively short duration. 

				         
                                    - 9 -

<PAGE>


	Service fee income for the six months ended June 30, 1998 and 1997 was 
$1.7 million and $3.8 million, respectively.  This represents a 54%  decline 
from 1997 and is largely the result of reductions in earned fees due to a 37% 
decline in earned premium  serviced in the assigned risk pools related to 
increased competition and depopulation.  Additionally, as more fully described 
in the Company's 1997 10-K, beginning in 1997, the Company has received 
diminishing amounts of servicing fees for providing administrative and claims 
services for NYPAP.  Effective February 28, 1998, the Company ceased serving as 
a servicing carrier for the NYPAP.  1998 results reflect lower net service fee 
income from the NYPAP of $0.3 million which is due to lower volume and the 
Company's aforementioned cessation as a servicing carrier.     

	Service fee income for the three months ended June 30, 1998 and 1997  was 
$ 0.7 million and $1.9 million, respectively.  The lower service fee income for 
the second quarter 1998 period relates to a 36% decline in earned premium  
serviced by the Company related to increased competition and depopulation, and 
the impact of ceasing to serve as a servicing carrier for NYPAP ($0.2 million).

	Losses incurred for the six months ended June 30, 1998 and 1997 were 
$32.3 million and $35.3 million, respectively,  and $16.6 million and $18.2 
million  for the three months ended June 30, 1998 and 1997, respectively.  The 
decline in losses incurred is generally the result of the reduced volume of 
business written.  Losses incurred reflect $1.7 million and $0.8 million, 
respectively,  for the six and three month periods ended June 30, 1998 compared 
to the same periods in 1997 for additional reserve strengthening for prior 
accident years in the private passenger automobile, commercial assigned risk, 
commercial package,  and workers' compensation lines of business, which 
resulted from continued unfavorable claims development.  Additionally, higher 
estimated loss ratios have been used for the current accident year, primarily 
in the private passenger automobile line, due to increased claim frequency.  
These higher ratios increased the losses  $0.6 million and $0.3 million, 
respectively, for the six and three month periods ended June 30, 1998.

	Loss adjustment expenses incurred for the six months ended June 30, 1998 
and 1997 were $3.9 million and $5.2 million, respectively, and $1.5 million 
and $2.4 million for the three months ended June 30, 1998 and 1997, 
respectively.   The decreases were mainly attributable to the decrease in 
premium revenues.

	The combination of other underwriting expenses and the amortization of 
deferred policy acquisition costs for the six and three month periods ended 
June 30, 1998 were lower than the comparable periods ended June 30, 1997.   The 
decreases in current year expenses of  $2.0 million and $1.1 million for the 
six and three month periods ended June 30, 1998, respectively, compared to the 
same periods ended June 30, 1997, was largely the result of lower operating 
costs related to reduced premium revenues.   In addition, the second quarter of 
1998, included a reduction of underwriting expenses for a previously recorded  
liability for lease abandonment costs of $0.3 million. 



                                        - 10 -
<PAGE>


                            Part II  -  Other Information

Item 5.	Other Information 

	During the first quarter, 1998 Mr. Richard G. Petitt, a Director,
Chairman of the Board, President and Chief Executive Officer of the Company, 
announced his retirement.  Mr. Petitt will resign his positions as Chairman of 
the Board, President and Chief Executive Officer of the Company on August 17, 
1998.  The Company has also appointed Mr. Robert V. Toppi as President and 
Chief Executive Officer of the Company effective August 17, 1998.  Mr. Toppi 
has over 30 years experience in the property and casualty insurance business, 
including New York City, primarily with the Aetna Casualty and Surety Company 
("Aetna").  His most recent position with Aetna was as a Resident Vice 
President of the Greater New York district which included the five boroughs.  
Mr. Toppi was also a member of the Board for the New York Property Insurance 
Underwriting Association and the New York Fire Underwriter's Association. 


Item 6.	Exhibits and Reports on Form 8-K

            a) Exhibits
               The following exhibit is filed herewith:
               Exhibit Number	 Description of Document
                   27-27*      Financial Data Schedule 

            b) Reports on Form 8-K 

There were no reports on Form 8-K filed for the three months ended June 30, 
1998. 



                              							- 11 -


<PAGE>


                            						SIGNATURES


	Pursuant to the requirements of the Securities Exchange Act of  1934, the 
Registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized. 


       		                   ALLCITY INSURANCE COMPANY 
					                              Registrant 





Date:                     				 By: FRANCIS M. COLALUCCI			
                                   Francis M. Colalucci
                                   Senior Vice President, CFO and Treasurer
                                  (Principal Financial and Accounting Officer)



                                       - 12 -

<PAGE>