<TABLE> <S> <C>

<ARTICLE>                     7
<LEGEND>
This schedule contains summary information extracted from Form 10-Q for
the nine months ended September 30, 1996, 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-31-1996
<PERIOD-END>                                            SEP-30-1996
<DEBT-HELD-FOR-SALE>                                     84,253,890
<DEBT-CARRYING-VALUE>                                             0
<DEBT-MARKET-VALUE>                                               0
<EQUITIES>                                                6,977,203
<MORTGAGE>                                                        0
<REAL-ESTATE>                                                     0
<TOTAL-INVEST>                                           93,645,595
<CASH>                                                      377,564
<RECOVER-REINSURE>                                           10,816
<DEFERRED-ACQUISITION>                                    9,728,297
<TOTAL-ASSETS>                                          107,580,266
<POLICY-LOSSES>                                           5,753,940
<UNEARNED-PREMIUMS>                                       8,588,811
<POLICY-OTHER>                                                    0
<POLICY-HOLDER-FUNDS>                                             0
<NOTES-PAYABLE>                                                   0
<PREFERRED-MANDATORY>                                             0
<PREFERRED>                                                       0
<COMMON>                                                     66,453
<OTHER-SE>                                               87,665,161
<TOTAL-LIABILITY-AND-EQUITY>                            107,580,266
<PREMIUMS>                                               17,755,017
<INVESTMENT-INCOME>                                       4,011,300
<INVESTMENT-GAINS>                                         (153,906)
<OTHER-INCOME>                                                    0
<BENEFITS>                                                2,280,425
<UNDERWRITING-AMORTIZATION>                               2,418,039
<UNDERWRITING-OTHER>                                      5,216,808
<INCOME-PRETAX>                                          11,697,139
<INCOME-TAX>                                              3,607,543
<INCOME-CONTINUING>                                       8,089,596
<DISCONTINUED>                                                    0
<EXTRAORDINARY>                                                   0
<CHANGES>                                                         0
<NET-INCOME>                                              8,089,596
<EPS-PRIMARY>                                                  1.22
<EPS-DILUTED>                                                  1.18
<RESERVE-OPEN>                                                    0
<PROVISION-CURRENT>                                               0
<PROVISION-PRIOR>                                                 0
<PAYMENTS-CURRENT>                                                0
<PAYMENTS-PRIOR>                                                  0
<RESERVE-CLOSE>                                                   0
<CUMULATIVE-DEFICIENCY>                                           0
        

</TABLE>