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FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange
Act of 1934, Section 17(a) of the Public Utility Holding
Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
1. Name and Address of Reporting Person 2. Date of Event 4. Issuer Name and Ticker or Trading Symbol
Requiring
Larson Douglas Edward Statement Acceptance Insurance Companies Inc. (AIF)
(Last) (First) (Middle) (Month/Day/
Year)
5. Relationship of Reporting Person to 6. If Amendment,
04/02/96 Issuer Date of
3. IRS or Social (check all applicable) Original
9357 E. Davenport Drive Security (Month/Day
(Street) Number of ___ Director ___ 10% Owner Year)
Reporting _X_ Officer (give ___ Other (specify
Person title below)
(Voluntary) below
Scottsdale AZ 85260
(City) (State) (Zip) ###-##-#### Vice President
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Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial
Beneficially Owned Direct (D) or Ownership (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
- ------------------------------ ------------------------ ------------------- --------------------------------
<S> <C> <C> <C>
Common Stock 100 shares D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly
(Print or Type Responses)
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FORM 3 (continued) Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security 2. Date Exercisable 3. Title and Amount of Securities Underlying 4. Conversion
(Instr. 4) and Expiration Derivative Security or Exercise
Date (Instr. 4) Price of
(Month/Day/Year) Derivative
------------------- -------------------------------------------- Security
Date Expira- Amount
Exer- tion or
cisable Date Title Number
of
Shares
- ------------------------------- -------- -------- -------------------------------- ---------- --------------
<S> <C> <C> <C> <C> <C>
5. Ownership Form of 6. Nature of Indirect
Derivative Security: Beneficial Ownership
Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
- ------------------------ -----------------------
<C> <C>
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<FN>
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute /s/ Douglas Edward Larson 4/11/96
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. --------------------------------------------
78ff(a). **Signature of Reporting Person Date
</FN>
Note: File three copies of this Form, one of which must be
manually signed. If space provided is insufficient, see
Instruction 6 for procedure.
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