<TABLE> <S> <C>

<ARTICLE>              7
<LEGEND>
This schedule contains summary information extracted from Form 10-Q for the nine
months ended  September 30, 1999,  and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<MULTIPLIER>      1

<S>                                                    <C>
<PERIOD-TYPE>                                          9-MOS
<FISCAL-YEAR-END>                                      DEC-31-1999
<PERIOD-END>                                           SEP-30-1999
<DEBT-HELD-FOR-SALE>                                   160,336,320
<DEBT-CARRYING-VALUE>                                            0
<DEBT-MARKET-VALUE>                                              0
<EQUITIES>                                              15,737,966
<MORTGAGE>                                                       0
<REAL-ESTATE>                                                    0
<TOTAL-INVEST>                                         186,485,680
<CASH>                                                      25,471
<RECOVER-REINSURE>                                           1,250
<DEFERRED-ACQUISITION>                                  18,983,140
<TOTAL-ASSETS>                                         252,311,814
<POLICY-LOSSES>                                         14,937,294
<UNEARNED-PREMIUMS>                                      7,071,916
<POLICY-OTHER>                                                   0
<POLICY-HOLDER-FUNDS>                                            0
<NOTES-PAYABLE>                                         34,460,717
<PREFERRED-MANDATORY>                                            0
<PREFERRED>                                                      0
<COMMON>                                                   133,002
<OTHER-SE>                                             150,390,294
<TOTAL-LIABILITY-AND-EQUITY>                           252,311,814
<PREMIUMS>                                              46,951,636
<INVESTMENT-INCOME>                                      7,743,336
<INVESTMENT-GAINS>                                         998,350
<OTHER-INCOME>                                              12,944
<BENEFITS>                                               5,788,656
<UNDERWRITING-AMORTIZATION>                              5,213,879
<UNDERWRITING-OTHER>                                    11,094,387
<INCOME-PRETAX>                                         31,521,940
<INCOME-TAX>                                             9,623,690
<INCOME-CONTINUING>                                     21,898,250
<DISCONTINUED>                                                   0
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                            21,898,250
<EPS-BASIC>                                                 1.64
<EPS-DILUTED>                                                 1.61
<RESERVE-OPEN>                                                   0
<PROVISION-CURRENT>                                              0
<PROVISION-PRIOR>                                                0
<PAYMENTS-CURRENT>                                               0
<PAYMENTS-PRIOR>                                                 0
<RESERVE-CLOSE>                                                  0
<CUMULATIVE-DEFICIENCY>                                          0


</TABLE>