Document:

EXHIBIT 10 (bs)

                                 QUOTA SHARE
                            RETROCESSION CONTRACT

                                  issued to

                         DORINCO REINSURANCE COMPANY
                              Midland, Michigan
                (hereinafter referred to as the "Retrocedant")

                                      by

                 AMERICAN HALLMARK INSURANCE COMPANY OF TEXAS
                                Dallas, Texas
             (hereinafter referred to as the "Retrocessionaire")

 BY THIS CONTRACT the Retrocedant agrees to retrocede to the Retrocessionaire
 and the Retrocessionaire agrees to accept  20% of the Retrocedant's 100%  in
 the interests and liabilities of the Retrocedant under the 100% Quota  Share
 Reinsurance Agreement,  effective September  1, 1998,  issued to  State  and
 County Mutual Fire   Insurance Company, Fort Worth,  Texas, and Van  Wagoner
 Companies, Inc.,  Plano, Texas  (hereinafter referred  to as  the  "Original
 Agreement").  A copy of the Original Agreement and any Endorsements thereto,
 are attached to and form part of this Contract.

 ARTICLE I - COMMENCEMENT AND TERMINATION

 A.   This Contract shall  become effective at  12:01 a.m., Central  Standard
      Time, September 1, 2000, and shall  continue in force thereafter  until
      terminated.

 B.   Either party may terminate this Contract  on any September 1,  December
      1, March 1 or June 1  by giving the other party  not less than 90  days
      prior notice by certified mail, it being understood and agreed that  if
      the Original  Agreement is  terminated for  any reason,  this  Contract
      shall expire automatically at the same time.

 C.   In the event this Contract is terminated prior to the date the Original
      Agreement is  terminated,  the  Retrocessionaire  shall  remain  liable
      hereunder for its  pro rata share  of the  Retrocedant's liability  for
      business in  force  under  the  Original  Agreement  until  expiration,
      cancellation or next  premium anniversary of  such business,  whichever
      first occurs, but in no event beyond 12 months following the  effective
      date of  termination of  this Contract.   In  the event  this  Contract
      expires because the Original Agreement is terminated, the liability  of
      the Retrocessionaire shall  follow that  of the  Retrocedant under  the
      termination provisions of the Original Agreement.

 ARTICLE II - CONCURRENCY OF CONDITIONS

 This Contract shall follow in all  respects the terms and conditions of  the
 Original Agreement (including endorsements thereto), provided the terms  and
 conditions of the Original Agreement are not inconsistent with the terms and
 conditions of this Contract.  The Retrocedant agrees to transmit all notices
 and information  pertaining  to  the subject  matter  of  this  Contract  as
 promptly as possible after receipt thereof.

 ARTICLE III - PREMIUM

 A.   As premium  for the  reinsurance  provided hereunder,  the  Retrocedant
      shall retrocede  20% of  the gross  premiums ceded  to the  Retrocedant
      under the Original Agreement.

 B.   The premium due the  Retrocessionaire (less commission allowed  thereon
      under the Original Agreement) shall be  remitted by the Retrocedant  as
      promptly as  possible  after  the Retrocedant  receives  its  share  of
      premiums under the Original Agreement.

 ARTICLE IV - COMMISSION

 The Retrocessionaire agrees to allow the  Retrocedant a commission equal  to
 the ceding commission allowed under the Original Agreement.

 ARTICLE V - LOSSES AND SALVAGE

 A.   All loss settlements  by the Retrocedant,  whether under strict  policy
      conditions or by  way of compromise,  shall be unconditionally  binding
      upon the Retroces-sionaire in proportion to its participation, and  the
      Retrocessionaire shall  benefit  proportionately in  all  salvages  and
      recoveries.

 B.   The Retrocessionaire shall pay its pro rata share of any losses  and/or
      loss adjustment  expenses as  promptly as  possible after  receipt  and
      verification of the Retrocedant's payment request.

 ARTICLE VI - OFFSET

 The Retrocedant or the Retrocessionaire shall have, and may exercise at  any
 time and from time  to time, the  right to offset  any balance or  balances,
 whether on account  of premiums or  on account of  claims or otherwise,  due
 from one party to the other under the  terms of this Contract.  However,  in
 the event  of the  insolvency of  any  party hereto,  offset shall  only  be
 allowed in accordance with applicable law.

 ARTICLE VII - ACCESS TO RECORDS

 The Retrocessionaire, by its duly appointed representatives, shall  have the
 right at any reasonable time to examine all papers in the possession of  the
 Retrocedant referring to business effected hereunder.

 ARTICLE VIII - SERVICE  OF SUIT (Applicable if  the Retrocessionaire is  not
 domiciled in the United States of  America, and/or is  not authorized in any
 State, Territory or  District of the  United  States  where authorization is
 required by insurance regulatory authorities)

 A.   It is agreed that  in the event the  Retrocessionaire fails to pay  any
      amount claimed  to  be  due hereunder,  the  Retrocessionaire,  at  the
      request of  the Retrocedant,  will submit  to the  jurisdiction of  any
      court of competent jurisdiction within the  United States.  Nothing  in
      this Article constitutes or should be understood to constitute a waiver
      of the Retrocessionaire's rights to commence an action in any court  of
      competent jurisdiction in the United States,  to remove an action  to a
      United States  District Court,  or to  seek  a transfer  of a  case  to
      another court as permitted by the laws  of the United States or of  any
      state in the United States.

 B.   Further, pursuant to any statute of any state, territory or district of
      the United States which makes provision therefor, the  Retrocessionaire
      hereby designates  the  Superintendent,  Commissioner  or  Director  of
      Insurance or other officer specified for  that purpose in the  statute,
      or his  successor or  successors  in office,  as  its true  and  lawful
      attorney upon whom may be served any lawful process in any action, suit
      or proceeding instituted  by or  on behalf  of the  Retrocedant or  any
      beneficiary hereunder arising out of this Contract.

 ARTICLE IX - LOSS RESERVES

 A.   If the  Retrocessionaire is  unauthorized in  any state  of the  United
      States of America  or the  District of  Columbia, the  Retrocessionaire
      agrees to fund its  share of the  Retrocedant's ceded outstanding  loss
      and loss adjustment expense reserves by:

           1.   Clean, irrevocable and unconditional letters of credit issued
                or confirmed by  banks meeting  the credit  standards of  the
                NAIC Securities Valuation Office; and/or

           2.   Escrow accounts for the benefit of the Retrocedant; and/or

           3.   Cash advances;

      if, without such funding, a penalty would accrue to the Retrocedant  on
      any financial  statement it  is required  to  file with  the  insurance
      regulatory authorities  involved.   The Retrocessionaire,  at its  sole
      option, may fund in other  than cash if its  method of funding and  the
      form thereof  is acceptable  to  the insurance  regulatory  authorities
      involved.

 B.   With regard to funding in whole or in part by letters of credit, it  is
      agreed that each letter of credit will be issued for a term of at least
      one year and  will include an  "evergreen clause," which  automatically
      extends the term for  at least one additional  year at each  expiration
      date unless written notice of non-renewal  is given to the  Retrocedant
      not less than 30 days prior  to said expiration date.  The  Retrocedant
      and the Retrocessionaire further agree, notwithstanding anything to the
      contrary in this  Contract, that said  letters of credit  may be  drawn
      upon by the  Retrocedant or  its successors  in interest  at any  time,
      without diminution because of the insolvency of the Retrocedant or  the
      Retrocessionaire, but only for one or more of the following purposes:

           1.   To reimburse  itself  for  the  Retrocessionaire's  share  of
                losses and/or loss adjustment  expenses paid under the  terms
                of policies reinsured hereunder, unless  paid in cash by  the
                Retrocessionaire;

           2.   To reimburse itself for  the Retrocessionaire's share of  any
                other amounts claimed  to be  due hereunder,  unless paid  in
                cash by the Retrocessionaire;

           3.   To  fund  a  cash   account  in  an   amount  equal  to   the
                Retrocessionaire's share of  any ceded  outstanding loss  and
                loss adjustment expense reserves funded by  means of a letter
                of credit which is under  non-renewal notice, if said  letter
                of  credit  has   not  been  renewed   or  replaced  by   the
                Retrocessionaire 10 days prior to its expiration date;

           4.   To refund to the  Retrocessionaire any sum  in excess of  the
                actual amount required to  fund the  Retrocessionaire's share
                of  the  Retrocedant's  ceded   outstanding  loss  and   loss
                adjustment  expense  reserves,   if  so   requested  by   the
                Retrocessionaire.

      In the  event the  amount drawn  by the  Retrocedant on  any letter  of
      credit is in excess of the actual amount required for B(1) or B(3),  or
      in the  case of  B(2), the  actual  amount determined  to be  due,  the
      Retrocedant shall promptly  return to the  Retrocessionaire the  excess
      amount so drawn.

 ARTICLE X - INSOLVENCY

 A.   In the event  of the insolvency  of the  Retrocedant, this  reinsurance
      shall be  payable directly  to the  Retrocedant or  to its  liquidator,
      receiver, conservator  or  statutory  successor on  the  basis  of  the
      liability  of  the  Retrocedant  without  diminution  because  of   the
      insolvency of  the Retrocedant  or  because the  liquidator,  receiver,
      conservator or statutory successor of the Retrocedant has failed to pay
      all or  a portion  of any  claim.   It  is  agreed, however,  that  the
      liquidator, receiver,  conser-  vator  or statutory  successor  of  the
      Retrocedant shall give  written notice to  the Retrocessionaire  of the
      pendency of a claim  against the Retrocedant  indicating the  policy or
      bond reinsured which claim  would involve a  possible liability on  the
      part of the Retrocessionaire within a reasonable time after such  claim
      is filed  in  the conservation  or  liquidation proceeding  or  in  the
      receivership,  and  that  during  the  pendency  of  such  claim,   the
      Retrocessionaire may investigate such claim  and interpose,  at its own
      expense, in the proceeding where such claim is to  be  adjudicated, any
      defense or defenses that  it may deem available  to the Retrocedant  or
      its liquidator,  receiver, conservator  or  statutory successor.    The
      expense thus  incurred by  the  Retrocessionaire shall  be  chargeable,
      subject to the approval of the  Court, against the Retrocedant as  part
      of the expense of  conservation or liquidation to  the extent of a  pro
      rata share of the benefit which may accrue to the Retrocedant solely as
      a result of the defense undertaken by the Retrocessionaire.

 B.   It is  further  understood  and  agreed  that,  in  the  event  of  the
      insolvency of  the Retrocedant,  the  reinsurance under  this  Contract
      shall be payable directly by the Retrocessionaire to the Retrocedant or
      to its liquidator, receiver, conservator or statutory successor, except
      as provided by Section 4118(a) of the New York Insurance Law or  except
      (a) where this  Contract specifically  provides another  payee of  such
      reinsurance in the event  of the insolvency of  the Retrocedant or  (b)
      where the Retrocessionaire with  the consent of  the direct insured  or
      insureds has  assumed such  policy obligations  of the  Retrocedant  as
      direct obligations of  the Retrocessionaire  to the  payees under  such
      policies and in substitution for the obligations of the Retrocedant  to
      such payees.

 ARTICLE XI - ARBITRATION

 A.   As a condition precedent to any right of action hereunder, in the event
      of any dispute or difference of opinion hereafter arising with  respect
      to this Contract,  it  is  hereby mutually agreed  that such dispute or
      difference of opinion shall  be  submitted to arbitration.  One Arbiter
      shall be chosen by  the Retrocedant, the other by the Retrocessionaire,
      and an Umpire shall be chosen  by the two Arbiters  before  they  enter
      upon arbitration, all  of whom shall be active or retired disinterested
      executive officers  of insurance  or reinsurance  companies or  Lloyd's
      London Underwriters.   In the event  that either party  should fail  to
      choose an Arbiter  within 30 days  following a written  request by  the
      other party to do so, the requesting party may choose two  Arbiters who
      shall in turn choose  an Umpire before entering  upon  arbitration.  If
      the two Arbiters fail to agree  upon the selection of an Umpire  within
      30 days  following their  appointment, each  Arbiter shall  name  three
      nominees, of whom the other shall  decline two, and the decision  shall
      be made by drawing lots.

 B.   Each party  shall present  its  case to  the  Arbiters within  30  days
      following the date of  appointment of the Umpire.   The Arbiters  shall
      consider this Contract as an honorable engagement rather than merely as
      a legal obligation and  they are relieved  of all judicial  formalities
      and may abstain from following the  strict rules of law.  The  decision
      of the Arbiters shall be final and binding on both parties; but failing
      to agree,  they  shall call  in  the Umpire  and  the decision  of  the
      majority shall be final and binding  upon both parties.  Judgment  upon
      the final  decision of  the Arbiters  may be  entered in  any court  of
      competent jurisdiction.

 C.   Each party shall bear the expense of its own Arbiter, and shall jointly
      and equally bear with the  other the expense of  the Umpire and of  the
      arbitration.  In  the event  that the two  Arbiters are  chosen by  one
      party, as above provided, the expense  of the Arbiters, the Umpire  and
      the arbitration shall be equally divided between the two parties.

 D.   Any arbitration proceedings  shall take  place at  a location  mutually
      agreed upon by the  parties to this  Contract, but notwithstanding  the
      location of  arbitration,  all  proceedings pursuant  hereto  shall  be
      governed by  the law  of the  state in  which the  Retrocedant has  its
      principal office.

 ARTICLE XII - INTERMEDIARY

 John B. Collins Associates,  Inc. is hereby  recognized as the  intermediary
 negotiating this Contract.  All communications (including but not limited to
 notices, statements, premiums, return premiums, commissions, taxes,  losses,
 loss adjustment  expenses, salvage  and  loss settlements)  relating  hereto
 shall be transmitted  to the  Retrocedant and  the Retrocessionaire  through
 John B. Collins  Associates, Inc.,  8300 Norman  Center Drive,  Minneapolis,
 Minnesota 55437.  Payments by the Retrocedant to John B. Collins Associates,
 Inc.  shall  be  deemed  to  constitute  payment  to  the  Retrocessionaire.
 Payments  by the Retrocessionaire to John B. Collins Associates, Inc.  shall
 be deemed only to constitute payment to the Retrocedant  to  the extent that
 such payments are actually received by the Retrocedant.

 IN WITNESS  WHEREOF, the  parties hereto  have caused  this Contract  to  be
 executed by their duly authorized representatives:

 In Midland, Michigan, this ____________ day of ______________________, 20__.

                          DORINCO REINSURANCE COMPANY

                          By ______________________________________
                                         (signature)

                             ______________________________________
                                           (name)

                             ______________________________________
                                           (title)

 In Dallas, Texas, this ____________ day of __________________________, 20__.

                          AMERICAN HALLMARK INSURANCE COMPANY OF TEXAS

                          By ______________________________________
                                          (signature)

                             ______________________________________
                                            (name)

                             ______________________________________
                                            (title)EXHIBIT 10 (bt)

                              ENDORSEMENT NO. 5

                                    to the

                               100% QUOTA SHARE
                            REINSURANCE AGREEMENT
                         Effective:  January 1, 1997

                                  issued to

                STATE AND COUNTY MUTUAL FIRE INSURANCE COMPANY
                              Fort Worth, Texas

 IT IS  HEREBY  AGREED, effective  July  1,  2000, that  paragraph  11.01  of
 ARTICLEL XI - PREMIUMS,  COMMISSIONS AND PAYMENTS shall  be deleted and  the
 following substituted therefor:

 "11.01    In consideration of the acceptance by the Reinsurer of one hundred
      percent  (100%)  of  the  Company's  liability  on  insurance  business
      reinsured hereunder, the Reinsurer is  entitled to one hundred  percent
      (100%) of the Net Collected Premiums (as hereinafter defined)  received
      by the General Agent or the  Reinsurer on Policies reinsured  hereunder
      less the provisional  ceding commission as  detailed herein.   For  the
      purposes of determining amounts payable to the General Agent hereunder,
      'Net Collected Premiums' shall mean  the actual gross premiums  charged
      on all original and renewal Policies written on behalf of the  Company,
      plus 75%  of Policy  fees, less  return premiums  and received  by  the
      Program Administrator by the end of  each month.  "Net Premiums"  shall
      mean the  actual gross  premiums charged  on all  original and  renewal
      Policies written on  behalf of the  Company, plus 75%  of Policy  fees,
      less return premiums.

      (a)  The Reinsurer shall allow the  General Agent a provisional  ceding
           commission of 25% of the Net Collected Premiums.

      (b)  The provisional commission allowed  the General Agent as  detailed
           above shall  be  adjusted  periodically  in  accordance  with  the
           provisions set forth in ARTICLE XII - COMMISSION ADJUSTMENT."

 IT IS  FURTHER AGREED,  effective  July 1,  2000,  that paragraph  12.02  of
 ARTICLE XII  - COMMISSION  ADJUSTMENT shall  be  deleted and  the  following
 substituted therefor:

 "12.02
      (a)  Should the ratio of losses incurred to premium earned be 72.0%  or
           higher, then the adjusted ceding commission shall be 23.0%.

      (b)  Should the ratio of losses incurred to premium earned be less than
           72.0%, then the adjusted commission shall be determined by  adding
           one-percent (1.0%) to the ceding  commission for each one  percent
           reduction of loss ratio subject to a ceding commission of 25% at a
           loss  ratio  of 70.0%.  Should  the ratio  of losses  incurred  to
           premium earned  be less  than 70.0%,  then the  ceding  commission
           shall be further  adjusted by adding  seven-tenths of one  percent
           (.70%) to the ceding commission for each one percent reduction  in
           the loss ratio below 70.0%, subject to a maximum ceding commission
           of 32.0% at a loss ratio of 60.0% or less.

      (c)  Should the ratio of losses incurred  to premium earned be  greater
           than 72.0% or less  than 60.0% the  difference between the  actual
           loss ratio  and  72.0% or  60.0%,  as the  case  may be,  will  be
           multiplied by the  earned premium  for the  Underwriting Year  and
           carried forward as a debit or  credit to the ensuing  Underwriting
           Year calculation.

      (d)  Notwithstanding  paragraph   (c)   above,  any  debit  or   credit
           remaining from  Underwriting Years  commencing  prior to  July  1,
           2000, shall be  disregarded in calculating  the ceding  commission
           for Underwriting Years commencing on or after July 1, 2000."

 The provisions of this Agreement shall remain otherwise unchanged.

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