EXHIBIT 23

INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in the Registration Statement No.
333-40560 of The Midland Company on Form S-8 of our report dated June 16, 2003
appearing in this Annual Report on Form 11-K of The Midland-Guardian Company
Salaried Employees' 401(k) Savings Plan for the year ended December 31, 2002.

/s/ Deloitte & Touche, LLP
Cincinnati, Ohio
June 27, 2003