Exhibit 10.103

                              AMENDED AND RESTATED
               1995 INCENTIVE AND NON-QUALIFIED STOCK OPTION PLAN
                                       OF
                     AMERICAN PHYSICIANS SERVICE GROUP, INC.
                               A Texas Corporation


                               I. Purpose of Plan

         The purpose of this Amended and Restated 1995 Incentive Stock Option
Plan (this "Plan") is to strengthen American Physicians Service Group, Inc. a
Texas corporation (the "Corporation"), and its subsidiaries, by providing stock
options as a means to attract, retain and motivate corporate personnel. On June
11, 1998, the shareholders of the Corporation approved an amendment increasing
the number of shares of Common Stock (as defined below) which may be issued
pursuant to Options (as defined below) granted under this Plan from 800,000 to
1,200,000. On June 18, 2001, the shareholders of the Corporation approved an
amendment increasing the number of shares of Common Stock which may be issued
pursuant to Options granted under this Plan from 1,200,000 to 1,400,000. On June
12, 2002, the shareholders of the Corporation approved an amendment increasing
the number of shares of Common Stock which may be issued pursuant to Options
granted under this Plan from 1,400,000 to 1,600,000. This Plan was originally
adopted on June 13, 1996 and incorporates all amendments through June 12, 2002.
Such amendments reflect any revisions automatically incorporated pursuant to the
terms of the Plan which require that the provisions of the Plan remain
consistent with Rule 16b-3 (as hereinafter defined).

                               II. Administration

         This Plan shall be administered by an administrative body (the
"Committee") designated by the Board of Directors of the Corporation (the
"Board"). The Board may designate itself as the Committee or appoint two or more
non-employee directors to a committee which shall serve as the Committee. The
Committee shall be constituted so as to permit the Plan to comply with Rule
16b-3, as currently in effect or as hereinafter modified or amended ("Rule
16b-3"), promulgated under the Securities Exchange Act of 1934, as amended (the
"1934 Act"). The Committee shall have the sole authority to select the persons
entitled to receive Options (as defined below) from among those eligible
hereunder (the "Optionees") and to establish the number of shares that may be
issued under each Option to such persons; provided, however, that,
notwithstanding any provision in this Plan to the contrary, the maximum number
of shares of common stock, $.10 par value per share of the Corporation (the
"Common Stock") that may be subject to Options granted under the Plan to an
individual Optionee during any calendar year may not exceed 150,000 (subject to
adjustment in the same manner as provided in Article IX hereof to prevent
dilution.) The limitation set forth in the preceding sentence shall be applied
in a manner which will permit compensation generated under the Plan to
constitute "performance-based" compensation for purposes of section 162(m) of
the Internal Revenue Code of 1986, as amended (the "Code"), including, without
limitation, counting against such maximum number of shares, to the extent
required under section 162(m) of the Code and applicable interpretive authority
thereunder, any shares subject to Options that are canceled or repriced. The
Committee shall have the power to make all determinations necessary for the
administration of the Plan, subject to the restrictions on committee power set
forth in Texas law.

                              III. Grant of Options

         The Corporation is authorized to grant incentive stock options
("Incentive Stock Options") as defined in section 422 of the Code and options
that are not intended to be Incentive Stock Options (hereafter "Non-Qualified
Stock Options" and, together with Incentive Stock Options, the "Options"). Any
Option granted under this Plan shall be granted within 10 years form the date
this Plan is adopted, or the date this Plan is approved by the shareholders
pursuant to Article X, whichever is earlier. No option granted under this Plan
shall be exercisable by its terms after the expiration of 10 years from the
grant of the Option. Options may be granted only to individuals, (a) who are
employees (including officers and directors who are also employees) of the
Corporation or any parent or subsidiary corporation (as defined in section 424
of the Code) of the Corporation or (b) who are non-employee directors of the
Corporation at the time the Option is granted and who may be granted options
hereunder in compliance with Rule 16b-3. Options may be granted to the same
individual on more than one occasion.

         Incentive Stock Options may not be granted to persons who own stock
possessing more than 10 percent of the total combined voting power of all
classes of stock of the Corporation, or of its parent or subsidiary, if any,
within the meaning of section 422(b)(6) of the Code, unless (i) at the time such
Option is granted the option price is at least 110% of the fair market value of
the Common Stock subject to such Option and (ii) such Option by its terms is not
exercisable after the expiration of five years from the date of the grant.

         To the extent that the aggregate fair market value of Common Stock (as
determined in good faith by the Committee at the time the Incentive Stock Option
is granted), with respect to which Incentive Stock Options are exercisable for
the first time by an individual during any calendar year (under all incentive
stock option plans of the Corporation and any parent or subsidiary corporation)
exceeds $100,000, such excess Incentive Stock Options shall be treated as
Non-Qualified Stock Options. The Committee shall determine, in accordance with
applicable provisions of the Code, Treasury Regulations and other administrative
pronouncements which of an Optionee's Incentive Stock Options will not
constitute Incentive Stock Options because of such limitation and shall notify
the Optionee of such determination as soon as practicable after such
determination.

                            IV. Stock Subject to Plan

         The aggregate number of shares of Common Stock that may be issued
pursuant to Options granted under this Plan shall not exceed 1,600,000 shares of
Common Stock (subject to adjustment as provided in Article VIII). Such shares
may consist of authorized but unissued shares of Common Stock or previously
issued shares of Common stock reacquired by the Corporation. Any of such shares
which remain unissued and which are not subject to outstanding Options at the
termination of this Plan shall cease to be subject to this Plan, but, until
termination of this Plan, the Corporation shall at all times make available a
sufficient number of shares to meet the requirements of this Plan. Should any
Option hereunder expire or terminate prior to its exercise in full, the shares
of Common Stock theretofore subject to such Option may again be subject to an
Option granted under this Plan to the extent permitted under Rule 16b-3. The
aggregate number of shares which may be issued under this Plan shall be subject
to adjustment as provided in Article VIII hereof. Exercise of an Option in any
manner shall result in a decrease in the number of shares of Common Stock which
may thereafter be available, both for purposes of the Plan and for sale to any
one individual, by the number of shares as to which the Option is exercised.
Separate stock certificates shall be issued by the Corporation for those shares
acquired pursuant to the exercise of an Incentive Stock Option and for those
shares acquired pursuant to the exercise of any Non-Qualified Stock Options.

                              V. Option Agreements

         Each Option shall be evidenced by a written agreement between the
Corporation and the Optionee ("Option Agreement") which shall contain such terms
and conditions as the Committee deems necessary, including, without limitation,
terms and conditions relating to the termination of Options. The terms and
conditions of the respective Option Agreements need not be identical. Moreover,
an Option Agreement may provide for the payment of the option price, in whole or
in part, by the delivery of a number of shares of Common Stock (plus cash if
necessary) having a fair market value equal to such option price.

                                VI. Option Price

         The purchase price for a share of Common Stock subject to an Incentive
Stock Option granted pursuant to this Plan shall not be less than the fair
market value of the Common Stock subject to such Incentive Stock Option at the
time such Option is granted. The purchase price for a share of the Common Stock
subject to a Non-Qualifying Stock Option granted pursuant to this Plan shall be
not less than 100% of the fair market value of the Common Stock subject to such
Non-Qualifying Stock Option on the date such Option is granted.

         For all purposes under the Plan, the fair market value of a share of
Common Stock on a particular date shall be equal to the average of the high and
low sales prices of the Common Stock (i) reported by the National Market System
of NASDAQ on that date or (ii) if the Common Stock is listed on a national stock
exchange, reported on the stock exchange composite tape on that date; or, in
either case, if no prices are reported on that date, on the last preceding date
on which such prices of the Common Stock are so reported. If the Common Stock is
traded over the counter at the time a determination of its fair market value is
required to be made hereunder, its fair market value shall be deemed to be equal
to the average between the reported high and low or closing bid and ask prices
of the Common Stock on the most recent date on which the Common Stock was
publicly traded. In the event the Common Stock is not publicly traded at the
time a determination of its value is required to be made hereunder, the
determination of its fair market value shall be made by the Committee in such
manner as it deems appropriate.

                          VII. Options Nontransferable

         Incentive Stock Options and all rights granted thereunder shall not be
transferable other than by will or the laws of descent and distribution.
Non-Qualified Stock Options and all rights granted thereunder shall not be
transferable other than by will or the laws of descent and distribution, or upon
the express prior written consent of the Committee in each instance. All
Incentive Stock Options shall be exercisable during the Optionee's lifetime,
only by the Optionee or the Optionee's guardian or legal representative.

                    VIII. Recapitalization or Reorganization

         In the event of a stock split, reverse stock split, stock dividend,
combination or reclassification of the Common Stock, an appropriate and
proportionate adjustment shall be made in the number of shares of Common Stock
for which Options may be granted pursuant to Article IV hereof. A corresponding
change shall be made to the number and kind of shares, and the exercise price
per share, of unexercised Options.

             IX. Merger, Consolidation or Dissolution of Corporation

         Following the merger of one or more corporations into the Corporation,
or any consolidation of the Corporation and one or more corporations in which
the Corporation is the surviving corporation, the exercise of Options under this
Plan shall apply to the shares of the surviving corporation.

         Not withstanding any other provision of this Plan, all Options under
this plan shall terminate on the dissolution or liquidation of the Corporation,
or on any merger or consolidation in which the Corporation is not the surviving
corporation.

                            X. Effective Date of Plan

         This Plan shall be effective on approval by the affirmative vote of the
holders of a majority of the outstanding shares of capital stock of the
Corporation present or represented and entitled to vote thereon at a duly held
shareholder meeting or by unanimous written consent of the shareholders of the
Corporation in the manner required by Rule 16b-3.

                      XI. Amendment or Termination of Plan

         The Board in its discretion may terminate this Plan at any time with
respect to any shares of Common Stock for which Options have not theretofore
been granted. The Board shall have the right to alter or amend this Plan or any
part hereof from time to time; provided, that no change in any Option heretofore
granted may be made which would impair the rights of the Optionee without the
consent of such Optionee; and provided, further, that (i) the Board may not make
any alteration or amendment which would decrease any authority granted to the
Committee hereunder in contravention of Rule 16b-3 and (ii) the Board may not
make any alteration or amendment which would materially increase the benefits
accruing to participants under the Plan, increase the aggregate number of shares
which may be issued pursuant to the provisions of the Plan, change the class of
individuals eligible to receive Options under the Plan or extend the term of the
Plan, without the approval of the shareholders of the Corporation.

                         XII. Compliance with Section 16

         With respect to persons subject to Section 16 of the 1934 Act,
transactions under this Plan are intended to comply with all applicable
conditions of Rule 16b-3 or its successors under the 1934 Act. To the extent any
provision of the Plan or action by the Committee fails to so comply, it shall be
deemed null and void, to the extent permitted by law and deemed advisable by the
Committee.

                             AMERICAN PHYSICIANS SERVICE GROUP, INC.


                             By: /s/ W.H. Hayes
                             --------------------------------------------------
                             W.H. Hayes
                             Senior Vice President and Secretary