<TABLE> <S> <C>

<ARTICLE> 7
<LEGEND>
THIS SCHEDULE  CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM FINANCIAL
STATEMENTS  AS OF AND FOR THE THREE MONTHS ENDED MARCH 31, 1997 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1997<F1><F2><F3>
<DEBT-HELD-FOR-SALE>                           204,479
<DEBT-CARRYING-VALUE>                           21,879
<DEBT-MARKET-VALUE>                             21,568
<EQUITIES>                                       3,916
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                 230,274
<CASH>                                          30,985
<RECOVER-REINSURE>                                   0
<DEFERRED-ACQUISITION>                               0
<TOTAL-ASSETS>                                 827,966
<POLICY-LOSSES>                                480,537
<UNEARNED-PREMIUMS>                            100,323
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                 16,244
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           363
<OTHER-SE>                                     156,391
<TOTAL-LIABILITY-AND-EQUITY>                   827,966
<PREMIUMS>                                      46,814
<INVESTMENT-INCOME>                              3,946
<INVESTMENT-GAINS>                                   0
<OTHER-INCOME>                                   5,146
<BENEFITS>                                      36,566
<UNDERWRITING-AMORTIZATION>                          0
<UNDERWRITING-OTHER>                                 0
<INCOME-PRETAX>                                  2,488
<INCOME-TAX>                                     1,009
<INCOME-CONTINUING>                              1,479
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,479
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                      .04
<RESERVE-OPEN>                                 458,239
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                480,537
<CUMULATIVE-DEFICIENCY>                              0
        
<FN>
<F1>Net investment income is reported net of any realized gains and losses in
the Statement of Income.
<F2>Financial Data Schedule information for the year ending December 31, 1996 is
incorporated by reference herein to FORM 10-K/A annual report as filed with the
Securities and Exchange Commission by the Company on October 23, 1997.
<F3>Amounts inapplicable or not disclosed as a separate line on the
Statement of Financial Position or Results of Operations are reported as 0
herein.
</FN>

</TABLE>