Independent Auditors' Consent



The Board of Directors
American Physicians Service Group, Inc.:



We consent to the use of our reports incorporated herein by reference and to the
reference to our firm under the heading "Experts" in the prospectus.  Our report
refers  to  the  restatement  of the  consolidated  financial  statements  as of
December 31, 1999 and 1998 and for the years then ended  resulting from a change
in the method of accounting for certain investments.



                                                          /s/ KPMG LLP
                                                          --------------------
                                                          KPMG LLP





Austin, Texas
March 9, 2001